Burnholme and Forder
Road Haulage and Transport Contractor, of Luton (1972)
one of the Burnholme companies was registered in Penrith
1964 Public company; shares began trading[1]
1966 First general meeting; 7 subsidiary companies at the time the company went public and 2 more had been acquired since then[2]
1971 After several small acquisitions in the transport field, the company made 2 engineering acquisitions and disposed of some subsidiaries - acquired a private company Parcbond, which had agreed to acquire Premac Engineering (Dunstable) and Keland Ltd[3]. Beechmount Investment Co gained a majority shareholding in Burnholme and Forder[4]
1972 Acquired Clawford Haulage but failed in a bid to take over Nationwide Leisure[5]. Acquired Motor Rail[6]. The company was based in Luton at this time[7]. The engineering division was sold to Motor Rail; two depots out of 5 in the transport division were closed; the other part of the company was the property division[8]
1973 Withdrew entirely from transport activities[9]
1974 The company was the subject of a DTI investigation. Acquired 35 percent of electronics group Brayhead[10]
1976 Brayhead was being wound up[11]
1979 The DTI report questioned the independence of the auditors in terms of them both compiling and then reporting on a profit forecast[12]
1980 Both Burnholme and Forder and Brayhead were in liquidation[13]
See Also
Sources of Information
- ↑ The Times, Sep 21, 1964
- ↑ The Times , Jan 10, 1966
- ↑ The Times, Jul 08, 1971
- ↑ The Times, Aug 21, 1971
- ↑ The Times Feb 08, 1972
- ↑ The Times May 18, 1972
- ↑ The Times, Jul 18, 1972
- ↑ The Times, May 26, 1973
- ↑ The Times, Nov 27, 1973
- ↑ The Times, Feb 10, 1976
- ↑ The Times, Apr 10, 1976
- ↑ The Times, February 14, 2002
- ↑ The Times, Apr 09, 1980