Versetis Limited (04419202): administration
- Status
- Administration ended
- Administration began
- 2014-03-11
- Administrators
- Barry G Mitchell
- Formerly
- Site-Serv Limited
- Incorporated
- 2002-04-17
- Location
- Pontypool
- Industry
- 38320 Recovery of sorted materials
Why it went into administration
- Creditor pressure / legal action
- HMRC / tax arrears
From the administrators' statement
Site Serv was established in April 2002 as an operating company for the "England Group", a group of companies controlled by Mr Nigel England and his relations.
Prior to 2002 the primary operations of the England Group had been conducted through a single company, England Environmental (Northern) Limited ("EEN"). In April 2002 a decision was taken to separate the day to day contract operations from the hire of the plant which was used in those operations. The plant remained in EEN while operations were transferred to a new company Site Serv, which then hired such plant as it required from EEN.
At the time of Site Serv’s incorporation, England Group’s business was entirely focussed on the removal of paper sludge from paper mills, mainly in the North of England with a single mill in Bridgend, South Wales The process of disposal was straightforward in that the waste material was spread on farmland as fertiliser.
Administrators' statement of proposals (2014-05-09) · Companies House register