It is very strange as she was named by a company based in West Hartlepool.
Another ship of the same kind was named the Welcombe (another village in
Devon). The Parracombe was torpedoed on the 4th April 1941 in mid-Atlantic
with a cargo of grain.
Best wishes, David.

PS, In May 1941 the Welcombe was sunk on an unescorted passage to Malta by
Heinckel aircraft. Out of a crew of 47, 30 were lost. (Cargo - Government
Stores.)