Picsolve Enters Administration

Discussion in 'European Parks and Attractions' started by Islander, 7th May 2020.

  1. James

    James TS Founding Member

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    Glad I'm not the only one.

    My first thought was 'what an unfortunate name for a company'.

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  2. Islander

    Islander TowersStreet Member

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    Wonder if they'll keep the name Picsolve, or rebrand entirely to PomVom...

    I mean, Thorpe would've lapped it up five-odd years ago...
     
  3. imanautie

    imanautie TowersStreet Member

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    There's a third option.
    Get rid of their own public facing brand and use the attractions own brand.

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  4. Rick

    Rick TowersStreet Member

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    Thorpe normally lap stuff up five years after it's been cool, don't they.
     
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  5. imanautie

    imanautie TowersStreet Member

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    There's busy getting the rights to prn hub the ride.

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  6. James

    James TS Founding Member

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    They're probably already on the telephone to the Daily Star as we speak.

    'Porm cameras will capture every screaming moment at Thorpe Park in 2020'
     
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  7. blackholes crow

    blackholes crow TowersStreet Member

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    Cant merlin take on the side of managing the photos?
    Like it will employ more staff and will make the profits go strait to them instead of a 3rd party
    Like, everyone knows the prices a picture finds at any themepark i really am surprised thay have gone into administration, poor money management? or increased rent costs, etc... (dont know the ins n outs but would be worth a read if the business details are about) but what for the future of this?, any ideas...?
    Just my little bit ^^
     
  8. imanautie

    imanautie TowersStreet Member

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    Incompetent management will make most companies fall and picsolve had some very incompetent c level execs.

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  9. blackholes crow

    blackholes crow TowersStreet Member

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    Yep i know that first hand lol
    But it gave me a bloody good kick up the arse and i got myself back in a good position
    But for a company the size of picsolve jesus was it a new set of owners or just kids playing?
     
  10. imanautie

    imanautie TowersStreet Member

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    It was owned by eight roads which is one arm of a venture capital fund so as far as I known it was basically left to picsolve's C level management to do what they wished.

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  11. blackholes crow

    blackholes crow TowersStreet Member

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    So basically kids with no clue playing about o well no wonder thay went under
     
  12. imanautie

    imanautie TowersStreet Member

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    Well they said no to being given the rights to an app that was written for them and was incredibly popular with their customers so yeah.

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  13. blackholes crow

    blackholes crow TowersStreet Member

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    Wow anything to make life in this digital age easier, you pick it up and bloody run with it
    Just silly not taking it deserve eveything thay get
    Sorry but true
     
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  14. imanautie

    imanautie TowersStreet Member

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    Interestingly right digital limited which is the company that controls picsolve international ltd (itself owned by picsolve holdings LTD controlled by eight roads) is listed as having moved office address to an address liked with fidelity international which is the firm that right roads is associated with.

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