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Invincible bid is rejected

20th August 1987, Page 20
20th August 1987
Page 20
Page 20, 20th August 1987 — Invincible bid is rejected
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Which of the following most accurately describes the problem?

• A bid for a licence by Kimado, a company formed by the James family who run Tarnbrook trading as Invincible Coaches of Tamworth, has been turned down by West Midland Traffic Commissioner, John Mervyn Pugh.

Kimado has been seeking a licence for six vehicles. Tarnbrook itself recently withdrew a bid for a fresh licence after losing its appeal against a refusal to review its existing licence on financial grounds. Tarnbrook had been formed following the liquidation of Invincible Travel (Tamworth).

The commissioner was told that the directors of Kimado were Andrew James and his 14-year-old brother. The shareholders in the £100 company were Andrew James and a Mrs Birnarn.

It was denied that this was effectively the same application that was withdrawn by Tarnbrook because that company's managing director Sidney James felt that circumstances were running against him. It was a completely different business. It was accepted, however, that there was a common link in that Sidney James was the CPC holder and Andrew James had had some connection with Tarnbrook.

Refusing a request for an adjournment Mervyn Pugh said the financial information produced had been terribly vague. Where one had a 14 year-old boy as a PSV operator, controlling the operation was very difficult. He suggested that the company be reformed bearing in mind the directors,and that further information be put before its bankers to see if overdraft facilities would be available.


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