Broke firm turned dowr
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THE FINANCIAL status of a Bedf and found wanting at a Transport to continue operating was dismiss ordshire company was exarr Tribunal last week, and its al ed.
Earthmoving Surfaces of Notting Fox Farm, Sou[drop, was refused a standard licence for three vehicles by the Eastern Deputy Licensing Authority last year, after the Road Haulage Association had complained that the company had no financial standing.
However, the company had not been properly represented at the public inquiries, solicitor Mr Houlder told the Tribunal. Various inquiries were held in 1982 because the company failed to produce information or witnesses at the right time.
Many companies have t kept accounts, Mr Ho'. pointed out. Had the DLA able to see more recent fiG he would have seen tha , company had money.
The Tribunal heard tha company had some assett design and construction pany that had since gone liquidation. Whether or r would benefit from this wa certain, although Earthmi Surfaces had some lorries belonged to the liquidated pany.
Mr Houlder stressed on eral occasions that it wa! company and not Mr Sh which had the financial lems. But the RHA, repres( by Mr R. Heg arty, said that was in charge of the comp finances, the matters I closely connected.
Mr Shayler was a direct the company and so s) have been in possession the company accounts added. In one year there v total of £5,000 unaccounted Mr Shayler is bankrupt has effective control of the pany, Mr Hegarty said. "Hi shown himself ignorant o running of the company."
In dismissing the appeal Tribunal said it would gh, reasons in writing at a later