# Recycling Lives Limited (03783452)

> Why UK company 03783452 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03783452

- **Status:** Administration ended
- **Administration began:** 2024-01-18
- **Administrators:** Daniel Christopher Hurd, Samuel James Woodward
- **Administrators' firm:** EY
- **Formerly:** Recycling Co UK Limited; Preston Recycling Limited
- **Incorporated:** 1999-06-02
- **Location:** Manchester
- **Industry:** 38320 Recovery of sorted materials

## Why it went into administration

- Cash flow / liquidity pressure
- Property / lease costs
- Rising costs / inflation

## From the administrators' statement

The Companies, subsidiaries within the Group, traded as one of the Uk’s largest recycling and waste management businesses, headquartered in Preston. At the Date of Appointment, the Group had five main trading entities:

> RLL, RLMW and RAW2K, comprising the Metals Division; and > RLES and RLCS, two wholly owned subsidiaries of RLL, comprising RLS.

The Group structure at the Date of Appointment is summarised below. The Group is majority owned (c.73%) by Three Hills. The remaining c.27% of the Group’s equity is held by five other minority shareholders.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03783452/filing-history/MzQxMjQxNTg0NGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03783452

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.