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News

Mustang creditors furious

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creditors furiousANGER is growing amongst creditors of insolvent Pembroke Dock company Mustang Marine.

Local companies that have extended credit to the boat building firm have been left vulnerable, and in financial difficulty.

The Herald understands that other Pembrokeshire businesses are owed £330,000, with one firm claiming that they are owed nearly £70,000.

Speaking on the grounds of anonymity, the director of one local firm said: “We felt safe doing business with Mustang because it was listed as a subsidiary company of Milford Haven Port Authority.”

He added: “The Port Authority is sitting on a bank balance of millions of pounds, there is a moral responsibility to sort this mess out. That would provide economic and social benefits as it will prevent companies such as mine from laying off staff.”

The Milford Haven Port Authority Act 2002 says that the Port Authority’s right to invest in local firms ‘may be exercised if, and only if, in the opinion of the Authority the exercise of the powers is likely to provide economic, social, cultural or environmental benefits to all or some of the population of Pembrokeshire or any part of Pembrokeshire.’

Questions have been raised by the Welsh Government in Cardiff regarding the Port Authority’s responsibilities to local firms, but last week, Alec Don, Chief Executive of the Port Authority said: “The Port of Milford Haven is a 50% shareholder and remains a separate corporate entity to Mustang Marine. The Port is not liable for Mustang’s debts. Any specific questions about that business, including queries about creditors, must be directed to the administrators Grant Thornton.

“As a Trust Port we continually look to invest in growth and economic activity in the Port. On this basis, and in good faith, the Port of Milford Haven invested in Mustang Marine. The company approached us with a firm business plan and orders that required our support and investment to achieve.

“Any investment we make has to be balanced with our central commitment to keep the UK’s largest energy port operating efficiently, and safe for everyone who uses the waterway.

“This is a difficult time for all those involved in Mustang. Our priority now is to get new and sustainable businesses established as quickly as possible, both for employees and for businesses up and down the Haven who rely on this busy working port.”

MP’s questions

Simon Hart MP has written to Port Authority raising questions about the organisation’s responsibilities to local firms who are out of pocket. He spoke exclusively to the Pembrokeshire Herald yesterday about his concerns.

Simon Hart said: “The fact that Pembrokeshire companies are owed hundreds of thousands of pounds seems to have been glossed over. They cannot talk about growth and activity on the one hand and then refuse to even consider the plight of local people left out of pocket on the other. These people undertook work for Mustang as they felt comfortable that the company was part of a larger trading operation of which the Port was a central part.”

He added: “As far as the port accounts are concerned, Mustang was listed as a trading subsidiary. The Authority’s responsibilities are a legal question that I have put to chief executive, Alec Don. If you have a trading subsidiary then this is a different position, in my view, than if you are a minor shareholder. The Port Authority has always referred to Mustang as a subsidiary company. Every conversation that I have had about Mustang has been with Alec Don. He was very much sewn in the structure at Mustang. At the very least, the Port Authority should explain why it thinks it has no obligation at all to the many local creditors.

“I know that local companies did business with Mustang because they felt comfortable that it was part of a bigger organisation. Nothing was ever done to suggest that MHPA had no responsibilities. Rather than just say it’s not our problem, Alec Don should explain what the true legal position is.”

“The Port Authority’s employees have been embedded in the company. Frankly, I can understand why creditors may want to challenge the assertions of the Port Authority.”

Simon Hart concluded: “A question that I would like to ask is – Who in the Port Authority did the due diligence over the purchase of 50% shares in Mustang? Alec Don should explain very clearly, after the Port Authority has had such an intimate relationship with the company, why is it that now they are distancing themselves.”

Help for workers

Rebecca Evans, AM for Mid and West Wales, has welcomed an update from the Minister for Business, Enterprise, Technology and Science on the situation facing Mustang Marine and its workforce. In a letter to Assembly members, the Minister said: “The administrator is currently exploring all options for securing the future of operations at the site within the Enterprise Zone. My officials are working with the administrator and a number of potential third party investors to seek to secure the long term viability of the company. Those discussions are on-going and I will update members of the outcome of those commercial discussions as soon as I am able.

“As a government, we are determined to do all that we can to support the employer and its workforce at this difficult time and are working with the administrator to provide support and advice to any of the workforce in Wales facing redundancy through our ReAct scheme.”

Mrs Evans continued: “The news that Mustang Marine in Pembroke Dock had gone into administration with the loss of 66 jobs was a bitter blow for the area.

“I am glad that the Welsh Government is working closely with the administrator to try and find a secure way forward for Mustang Marine, and to ultimately save the remaining jobs. I sincerely hope that the Welsh Government’s work with the administrator leads to a positive outcome.

“I recently asked the First Minister what support and assistance will the Welsh Government offer to those 66 workers facing redundancy, and he told me that ‘those threatened with redundancy will be offered ReAct support and advice.’ I am glad that this is in place.

“I look forward the next update from the Minister, and hope for good news.”

ReAct is the Welsh Government’s Redundancy Action Scheme which has been put in place to help people affected by redundancy gain new skills and encourage recruiting employers to employ a worker who has been made redundant.

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Crime

Domestic violence offender jailed after breaching court order

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A LONG-STANDING Pembrokeshire domestic violence offender has been sent back to prison after breaching a domestic violence protection order.

Paul Webber was arrested on March 18 after being seen kissing his victim outside probation offices in Haverfordwest, despite a court order preventing contact.

A court order imposed by Llanelli magistrates earlier this month prevented him from making any contact with the female after being convicted of threatening to kill her, strangle her, and sexually assault her.

“On March 12, a report was made to police that he’d attended a probation appointment with the female, who remained standing outside the offices,” a spokesperson for Dyfed-Powys Police told Haverfordwest magistrates this week.

“Police officers viewed the CCTV footage and recognised the female as the victim.

“This was clearly a breach of the domestic violence protection order towards a vulnerable woman, and there’s also concern that she minimises incidents. He’s known as a domestic violence instigator with previous partners.”

Webber, of Winch Lane, Haverfordwest, pleaded guilty to breaching the domestic violence protection order.

He was sentenced to 28 days in custody.

“You were aware of the terms of the order but you deliberately breached it,” said the presiding magistrate when passing sentence.

“You showed a complete disregard for it.”

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Crime

Arrest warrant issued for charity box theft suspect

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A WARRANT without bail has been issued for a Milford Haven man accused of stealing a charity box from the Castle Hotel in Haverfordwest.

Daniel Fairlie, 29, of Observatory Avenue, Milford Haven, was listed to appear before Haverfordwest magistrates on Tuesday, March 18. However, after failing to attend, magistrates issued a warrant for his arrest.

Fairlie is accused of stealing the charity box on November 23, 2024, along with multiple shoplifting offences and drug possession.

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Crime

Bail breacher remanded in custody after ferry trip with victim

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A BAIL breacher has been remanded in custody after traveling to and from Ireland on the Pembroke Dock ferry with a victim he was prohibited from seeing.

Robson Franca, 38, was arrested by port officers after being seen in the presence of the complainant when the Rosslare ferry recently docked in Pembroke Dock.

This week, Haverfordwest magistrates were told that a domestic violence court order imposed by Avon and Somerset magistrates prohibited Franca from having any contact with the complainant pending his trial on May 16.

Franca’s solicitor, Peter Tarr, told the court that the complainant frequently contacts Franca and makes threats if he refuses to see her.

Despite the defense’s arguments, magistrates refused to grant bail, citing concerns that Franca might commit further offences, fail to surrender, or interfere with prosecution witnesses. He was remanded in custody.

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