asked the Secretary of State for Trade whether he will inquire into the affairs of David Bainbridge (Manufacturing) Limited, now known as Tool-Glo Limited, of Morrison Trading Estate, Annfield Plain, Co. Durham, following the company's failure to file its annual return.
Formal inquiries under the provisions of the Companies Acts do not appear to be justified in this case. If my hon. Friend has any additional information which he would wish me to consider, I shall be happy to do so.
Is my hon. Friend aware that this company, which among other features owes thousands of pounds in unpaid wages to its workers, recently changed hands and no one seems to know who the present legal owner is? Will he look into this matter?
If my hon. Friend has any specific evidence to which he wishes to draw my attention, I shall be happy for him to do so, either orally or by correspondence, and I will look into any allegations which might justify the kind of inquiry that he is urging me to take.