Barnstaple company goes in to liquidation - but some jobs saved
BARNSTAPLE haulage company PM Clarke Limited has gone into voluntary liquidation with the loss of 11 jobs. But a staff buy out of the commercial garage section of the Seven Brethren business means part of it has continued to survive under the new name of
BARNSTAPLE haulage company PM Clarke Limited has gone into voluntary liquidation with the loss of 11 jobs.
But a staff buy out of the commercial garage section of the Seven Brethren business means part of it has continued to survive under the new name of PM Clarke Commercials Ltd.
"Due to the continuing deterioration in the economic climate the directors of the company have been forced to put it into voluntary liquidation," John Incledon, managing director of both the former and new company, told the Gazette.
"Unfortunately nine drivers and two workshop staff were not re-employed, but the commercial repair facility will continue to operate with five mechanics under a new management team, called PM Clarke Commercials."
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Mr Incledon and two other employees put money together to buy the garage part of the business back from the liquidators.
"We have been trying to keep it going," he said.
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"Due to circumstances beyond our control the company had been unable to replace work with a major oil company, lost 12 months ago.