Bid for 0-licence adjourned
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4% • A bid for a new
licence by a company has because its principal director 's connected with a company currently in the hands of receivers.
Clovine, which is seeking a licence for 12 vehicles and 20 trailers based at Rhymney, Bridgend and Port Talbot, are meanwhile being allowed to continue operating under interim authority.
South Wales Traffic Commissioner John Mervyn Pugh also adjourned consideration of disciplinary action against Bridgend-based David Davies & Sons, which is in the hands of receivers, after hearing financial evidence in private.
He said that as Clovine director Clive Bradley had connections with David Davies, he concluded that it would be wrong to grant Clovine a licence at this stage.
He needed to be satisfied there would be sufficient funds to cover necessary casts and that the company was trading in credit He would be more inclined to grant a licence to Bradley himself, giving more financial protection than to a limited liability company If Bradley was genuine, it would be better for him to trade in his own name backed by his own money, said the Commissioner.
For Clovine, Geoffrey Williams said Bradley was aware of the seriousness of the situation and that there were no overdraft facilities.