HC Deb 19 May 1994 vol 243 cc540-1W
Mr. Mudie

To ask the President of the Board of Trade if he will list the 14 companies which went into receivership or liquidation in 1992–93 and caused £5,096,000 to be written off in the appropriation accounts 1992–93, class IV, vote 1.

Mr. Sainsbury

In the 1992–93 appropriation accounts class IV, vote 1, the losses of £5,096,000 under regional development grants and regional selective assistance schemes involved 14 cases and 12 companies. A list of the 12 companies follows:

  • Winchmore Knitting Factory Ltd.
  • Blue Ridge Care Ltd.
  • Northern Power Electronics Ltd.
  • Thermostar (UK) Ltd.
  • Great Northern Knitwear
  • Tolag Products and Company Ltd.
  • Swilynn Magnetic Industries Ltd.
  • City Vehicle Engineering
  • CBS Batteries Ltd.
  • Danum Windows Ltd.
  • Briquette Technology Ltd.
  • Unibit (Holdings) plc

Mr. Mudie

To ask the President of the Board of Trade if he will break down the miscellaneous expenditure listed under section I, international trade in class IV, vote 2, of the appropriation accounts 1992–93.

Mr. Needham

A breakdown of the miscellaneous international trade expenditure listed under class IV, vote 2, section I of the 1992–93 appropriation accounts follows:

£000
Overseas project fund expenditure to assist companies with the costs of pursuing major projects overseas 4,990
Assistance to overseas marketing research 1,181
The single European market campaign 2,918 International exhibitions: British participation at the Universal Exposition held in 1992 in Seville and the exposition in 1993 in Taejon, South Korea 7,131
Publicity and promotions for the British Overseas Trade Board's (BOTB) range of overseas trade services and other export promotion activities 3,598
Assistance to BOTB area-advisory groups and other non-official trade associations. 2,563
Other expenditure 2,773
Class IV, vote 2, section I total 25,154

Mr. Mudie

To ask the President of the Board of Trade if he will name the company included in the losses statement in class IV, vote 2, of the 1992–93 appropriation accounts where his Department paid off the debit incurred by the Expo '92 concessionaire.

Mr. Needham

The company is Lionheart Catering Ltd., which was struck off the register by the Registrar of Companies on 5 January 1993 and dissolved by notice in theLondon Gazette dated 12 January 1993.