Doubts over NK finances
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• Doubts over the financial position of Wimbledon.
based NK Transport Services have led the South Eastern and Metropolitan Licensing Authority Brigadier Michael Turner to cut the duration of the firm's licence to expire at the end of April.
The firm, which holds a licence for four vehicles, appeared before the LA because of convictions for overloading; employing a driver to drive when not the holder of an LGV driving licence; and for using a vehicle without an excise licence. A number of those convictions had not been notified by the company to the LA and in December a cheque for payment of vehicle excise duty was not honoured by the bank. For the firm, Paul Carless maintained that the offences were not as serious as they appeared at first sight.The overloading convictions had been in 1991 and 1992.
The driver who had driven without the appropriate licence had forgotten to renew his licence.lt was not a case of an unqualified driver being let loose on the road as he was an LGV driver with 20 years experience.
Brigadier Turner pointed out that the firm did not appear to be able to pay vehicle excise duty and he noted from the figures produced that the liabilities well exceeded the assets.
Proprietor Neil Keenan said that revised financial figures would show a great improvement in March 1995. Recent capital outlay had included the acquisition of two new vehicles.
Cutting the duration of the licence, Brigadier Turner said that a further public inquiry would be held at the end of April, by which time the firm's financial position would be clarified.
He had seriously considered revoking the licence, but in view of the fimi's good maintenance record he had decided to allow it to continue for a further three months.