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Crashed company owes hauliers up to £12,000 each

15th February 1986
Page 6
Page 6, 15th February 1986 — Crashed company owes hauliers up to £12,000 each
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Which of the following most accurately describes the problem?

A GROUP of owner drivers and small hauliers in Essex are each owed sums of up to $:12,000 by a company that has gone into receivership.

Causeway Carriers Ltd of Maldon. Essex ceased trading in early July last year. The company sub-contracted owner-drivers and small hauliers to do collection and delivery work, mainly of import and export freight.

As late as June, Causeway Carriers director John Druce appealed to them to remain loyal and continue working for the company. Receiver Grant Thornton was called in by the major creditor, Barclays Bank, on July 15.

CM has traced five hauliers who are owed a total of 05.000 for work done for Causeway Carriers and it is believed that at least another six are in a similar position.

The receiver says that company assets are unsufficient to pay any of them. The hauliers contacted by CM have given up hope of payment.

One of them, Ann Thomlinson of JAT Transport, of Wickford, plans to co-ordinate the hauliers in a joint compulsory liquidation order on the company.

Causeway Carriers director John Druce now runs another company, SOCW Ltd in East Grinstcad, West Sussex.

This is what Druce describes as a small-order clearing warehouse and is involved primarily in the consolidation and collection/distribution of hooks.

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