LA demands accounts
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AO/ port Inter
trading as New allowed to continue operating on an interim licence until he produces accounts, bank statements and details of debts to vehicle hire companies.
Blake, who was seeking a new international licence for eight vehicles, told South Wales Licensing Authority John Mervyn Pugh that his previous company had gone into liquidation in December 1990. He said that the problem had been caused by two bad debts and operating older vehicles.
Blake ran 10 trailers which should have been worth 2.1-2,000, but due to the recession they had only realised a total of £400.
Not all his creditors had been paid: £17,000 was owed for diesel. He was currently operating two vehicles on lease, one with £12,000 outstanding and the other with £20,000.
For Blake, Terry Vaux said that he had been endeavouring to obtain information from the leasing companies without much luck. Adjourning the hearing until March, Mervyn Pugh said that it was a very difficult situation because if he refused the application at this stage Blake would be out of business, his vehicles would be seized and bankruptcy would loom.