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Receiver moves in at Latimer

23rd November 1989
Page 6
Page 6, 23rd November 1989 — Receiver moves in at Latimer
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Which of the following most accurately describes the problem?

• Northamptonshire-based Latimer Distribution has gone into receivership, after losing three major contracts earlier this year.

The trunking and local distribution company's 17 vehicles will be auctioned OD 30 Novem

ber, by Bedford-based Wilso Peacock.

0 Company receiverships a up 39%, from 607 to 841 in the first nine months of this year compared to the same period in 1988, says account Peat Marwick McLintock.

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