Annex
After the uncertainty over the past few weeks
regarding the export situation we have now come to a decision
on our future.
After thinking long and hard we have no alternative
but to cease both collecting scrap from Perivale and trading as
we do now.
The contract at Perivale is a very poor one
it very rarely supplies us with goods that we can sell to the
Home Market so therefore over the past month or two customers
have dwindled along with our trade. It was really only the export
market that has kept us afloat this long and with that rapidly
changing we have no other options open to us.
I suppose we could try to carry on, but the
overseas customers I have contacted, only a few would consider
taking the refrigeration de-gased, and if they do they only want
really tidy, clean looking which brings us back to the depot at
Perivale being a bad one.
We do not have the resources to wait to see
if the export market will continue the way it has done in the
past, since the ruling came in and then ceased and then came in
again we have loaded only one container so therefore our financial
situation has become badly effected.
After speaking to our accountant and basically
looking at the position we now find ourselves in we feel it is
now the time to call it a day before we get into deep financial
trouble.
Later on today we will fax you with the date
that we will cease collecting from Perivale and also the date
that we will vacate this building.
4 December 2000
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