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Century-old firm goes to the wall

1st November 1990
Page 6
Page 6, 1st November 1990 — Century-old firm goes to the wall
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Which of the following most accurately describes the problem?

• Family firm CA&D Heatons of St Helens, which operates haulage, removals and car transport businesses, has gone into receivership.

Receiver Graham Watts of Touche Ross says he is trying to sell the business as a going 'concern.

Heatons was established in 1880, employs 25 and runs 22 vehicles.