Mukr Limited (03484587): administration
- Status
- Administration ended
- Administration began
- 2019-06-12
- Administrators
- Toby Scott Underwood, Alison Grant
- Administrators' firm
- PwC
- Formerly
- Mid-Uk Recycling Limited
- Incorporated
- 1997-12-22
- Location
- Leeds
- Industry
- 38110 Collection of non-hazardous waste
Why it went into administration
- HMRC / tax arrears
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Sustained trading losses
- Funding withdrawn / unable to refinance
- Credit insurance / supplier credit withdrawn
- Loss-making contracts / project overruns
- Competition / price pressure
- Property / lease costs
From the administrators' statement
The Company is a subsidiary of GPP, which also owns MCM and BTL, GPP also owns 54% of Fire Shield Systems Limited. A group structure is shown at Appendix A.
The Company is the trading entity within the Group, which operated a number of sites across Lincolnshire which recycled agricultural waste, carpets, commercial and industrial waste, glass, green waste and composting, inert waste, label and packaging, material recycling facility residues, paper & cardboard, plasterboard and wood. The Company also provided renewable fuels, skip hire and waste collections.
The Company traded from seven sites;
Administrators' statement of proposals (2019-07-09) · Companies House register