Locomotors sale crucial to orders • Three million pounds worth
7th January 1993, Page 9
7th January 1993
Page 9
Page 9, 7th January 1993
— Locomotors sale crucial to orders • Three million pounds worth
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of orders could be lost unless troubled bodybuilder Locomotors of Andover can find a buyer for the business before the end of January, says managing director Jim Greenhalgh.
The company called in receiver Grant Thornton on 14 December after "struggling along" since a management buyout in 1987, according to Peter Hall of the chartered accountant.
The firm has had only one profitable period, in 1990-1991.