Grace's Guide

British Industrial History

Grace's Guide is the leading source of historical information on industry and manufacturing in Britain. This web publication contains 148,439 pages of information and 233,876 images on early companies, their products and the people who designed and built them.

Burnholme and Forder

From Graces Guide

Jump to: navigation, search

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

Loading...

Sources of Information

  1. The Times, Sep 21, 1964
  2. The Times , Jan 10, 1966
  3. The Times, Jul 08, 1971
  4. The Times, Aug 21, 1971
  5. The Times Feb 08, 1972
  6. The Times May 18, 1972
  7. The Times, Jul 18, 1972
  8. The Times, May 26, 1973
  9. The Times, Nov 27, 1973
  10. The Times, Feb 10, 1976
  11. The Times, Apr 10, 1976
  12. The Times, February 14, 2002
  13. The Times, Apr 09, 1980