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] 'Burnholme carries sheet steel from Cheshire to Scotland and carries firebricks back. Forder runs services from Bingley, Yorkshire, to the docks at Hull and Liverpool and carries raw materials back.'[2]
1965 'Burnholme and Forder only became a public company late last year immediately following their formation to combine the road transport and haulage businesses of Burnholme Transport (Penrith Burnholme Contracts and W. C. Forder).'[3]
1966 First general meeting; 7 subsidiary companies at the time the company went public and 2 more had been acquired since then[4]
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[5]. Beechmount Investment Co gained a majority shareholding in Burnholme and Forder[6]
1972 Acquired Clawford Haulage but failed in a bid to take over Nationwide Leisure[7]. Acquired Motor Rail[8]. The company was based in Luton at this time[9]. 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[10]
1973 Withdrew entirely from transport activities[11]
1974 The company was the subject of a DTI investigation. Acquired 35 percent of electronics group Brayhead[12]
1976 Brayhead was being wound up[13]
1979 The DTI report questioned the independence of the auditors in terms of them both compiling and then reporting on a profit forecast[14]
1980 Both Burnholme and Forder and Brayhead were in liquidation[15]
See Also
Sources of Information
- ↑ The Times, Sep 21, 1964
- ↑ Belfast News-Letter - Thursday 17 September 1964
- ↑ Liverpool Daily Post - Thursday 11 March 1965
- ↑ 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