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HAROLD WOOD RESULTS I N the half-year results of Norcros Ltd.
8th October 1965, Page 46
8th October 1965
Page 46
Page 46, 8th October 1965
— HAROLD WOOD RESULTS I
N the half-year results of Norcros Ltd.
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details are given of the trading figures for Harold Wood and Sons Ltd., the road tanker business now being acquired by THC. In the year ended November 30, 1964, Harold Wood and its Spen Coachbuilders subsidiary made a profit of £233,523 before tax. In the first half of the current financial year the figure was £110,667.
Net tangible assets of Harold Wood and Spen at November 30 last year are given as E746,316. TI-EC's purchase price was given as £1.275,000 in cash. £361,000 in discharging indebtedness to Norcros, and £75,000 interim dividend for Norcros out of Harold Wood's half-year trading.