business briefs
Page 63
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BLAKEYS
Blakey's Boot Protectors Ltd, parent company of a number of subsidiary companies in the Leeds area, changed its name on April 1 to Blalteys IMalleable Castings) Ltd.. No changes w the company's structure are involved. Commenting on the change of name, Mr W. E. Alvey, managing director, said that boot protectors are now only a small proportion of the company's total production. "We now make casungs for a wide variety of purposes and our new name is more indicative cif our operations and not as restricted as our old title,he added.
LANCASHIRE UNITED TRANSPORT
In a preliminary announcement of profit and final dividend for the year ended December 31 1 969, Lancashire United Transport Ltd has announced a profit after taxation of ft 23.9 87 11 9 66: E114,8221.
BUIST
Charles G. S. Bust Ltd has agreed to acquire the whole of the issued share capital of Stadium Garage (Gosforth) Ltd, the price being £48.000 to be satisfied by cash. The balance sheet value of assets being acquired is £24,754. Stadium Garage is ERF main distributor for Northumberland and Durham, and operates from-premises in Gosforth. three miles north of Newcastle upon Tyne. Profits before taxation for year ended January 19 69 were £8,300.
SCOTCROS SUBSIDIARY
A. C. Penman Ltd, the Scotcros Group member at Dumfries, has formed a new company, Penman Garages Ltd. to look after its motor rude interests. A. C. Penman will now deal solely with bodybuilding, metal fabrication and manufacturing interests, and the new company with motor trading interests.