COMPANY FAILURE
BRISTOL TRADE CONCERN.
(Received January *21, 11.30 a.m.)
LONDON, 20th January. The creditors of tlie Bristol and Dominions Producers' Association have decided upon voluntary liquidation. The report to the meeting stated that there were heavy losses after 1919,,.0 wing to the falling markets. The .diminished sales of canned goods- resulted in a loss of £31,000; the loss on.syrup was £58,000. The unsecured liabilities were £87,000, .md those due to secured credit-: ors were £45,000. In addition, the, Ministry of Food claimed to be preferential creditors for £48,000, which ■would sweep away all the-available assetis; but this preference would be resisted to the last. The capital, which had been increased to £55,000 in 1920, had been •wholly lost.
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Bibliographic details
Evening Post, Volume CI, Issue 18, 21 January 1921, Page 7
Word Count
119COMPANY FAILURE Evening Post, Volume CI, Issue 18, 21 January 1921, Page 7
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