From the administrators' statement

in 1880, Desmond Whitehead (deceased) ("DW") and Derek Bentham established Vergeward Limited (‘the Company”) as a vehicle to purchase land at Bolton Road Mills, Westhoughton, Bolton BL5 3JQ and the adjoining property Perseverance Mill, Westhoughton, Bolton BL5 3JQ ("the Property”)

The Company was incorporated on 7 August 1980 and commenced trading as a vehicle to purchase property from its inception The purchase of the Company was fully financed by National Westminster Bank (“Nat West’), by way of a legal mortgage

Derek Bentham and DW also had an equal share in a furniture business called Brunel Upholstery (“Brunel”) On the purchase of Bolton Road Mills and the adjoining Perseverance Mill, Brunel began to trade from those premises under a sub-let agreement

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Vergeward Limited (01511298)

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