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£50,000 debt hits subbies

13th July 2000, Page 7
13th July 2000
Page 7
Page 7, 13th July 2000 — £50,000 debt hits subbies
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Which of the following most accurately describes the problem?

Two Welsh hauliers are refusing to do any more work for groupage operator RMF (WO because it owes them more than 250,000.

The Birmingham company, which transports to and from Ireland, admits that it has a cashflow problem but denies being close to insolvency.

Charlie Walsh of Port Talbot says he has been forced to give up as an owner-driver because IMF is his only employer and it owes him a total of 235,000. "I have a new truck and will probably lose 210,000 when I return it to the finance company," he adds.

Alan James, director of N&A James in Carmarthen, says his company is still owed £15,000 from last year. "We have been on the phone to them constantly since then," he says. "I am overdrawn at the bank and am paying interest on this money."

Another Welsh haulier, TD Williams of Ammanford. says it took RMF to court over a 25,000 debt which is now being paid in instalments.

An RMF spokeswoman blames the cashftow problem on a customer which owes it £100000. But we are very far from anything like an insolvency problem," she says, claiming that James and Walsh were sacked by RMF and all its haulage is now done by JH Kemp of Birmingham. RMF has a depot in Cwmbran, South Wales, and a sister company based in Dublin; Josef Bledler is listed as a director of both companies.


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