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Felixstowe firm must wait to find out its fate
23rd November 2006, Page 13
23rd November 2006
Page 13
Page 13, 23rd November 2006
— Felixstowe firm must wait to find out its fate
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EASTERN Traffic Commissioner Geoffrey Simms has reserved judgement on the fate of the licence held by Felixstowe freight firm CP Transportation Services after it appeared at a Cambridge public inquiry.
One of CP's directors, Adam Searle, was also director of Searle Distribution, which ceased trading in September (CM 21 September).
According to Ian Wilmott at administrator Grant Thornton. Searle had failed to fund his business activities in the run-up to Searle Distribution's collapse. it also owed £2m to creditors.
Simms is considering whether to revoke or suspend CP's licence. and whether Searle and another director, Anthony Searle. should be disqualified from holding a licence.
le will announce his judgement in writing.