# Metals Reclamation Technology Ltd (04841526)

> Why UK company 04841526 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04841526

- **Status:** Administration ended
- **Administration began:** 2024-04-25
- **Administrators' firm:** Insolvency Practitioner of Seneca Ip
- **Formerly:** Chinook Sciences Limited
- **Incorporated:** 2003-07-22
- **Location:** Matlock
- **Industry:** 28990 Manufacture of other special-purpose machinery n.e.c.

## Why it went into administration

- Creditor pressure / legal action
- COVID-19
- Cash flow / liquidity pressure
- Sustained trading losses

## From the administrators' statement

Creditors should note that, unless otherwise stated, this section of the proposals has been prepared based on information provided by the Board of Directors ("the Board") of the Company and not from my personal knowledge as Administrator.

Metals Reclamation Technology Limited ("MRT") was incorporated on 22nd July 2003 under Company Number 04841526. The Company was originally called Chincok Science Limited ("CSL’) and was renamed on 5th May 2023. There have been 5 Directors in total with the current Director being appointed on 10 June 2021. The principal activity of the Company is to commercialise a patent licence which had been granted to MRT for the use of RODECS technology in the metals recycling industry. The Company director, Mr Ophneil Henry Perry is the beneficial owner of MRT and MRT is licenced to sell the RODECS technology to metal recycling companies with a specific focus on aluminium recycling and the production of green metals.

The RODECS technology is owned by Chinook Super Green Fuels Holdings Limited ("CSGF”). CSGF was previously the ultimate owner of MRT. CSGF is acleantech company headquartered in Nottingham, UK which aims to be a market leader within the hydrogen market developing and owning hydrogen infrastructure assets. {t is intended that these developments will utilise the Company's patented gasification technology that has been developed over the last 24 years to turn landfill and residential solid waste into hydrogen and other products, such as liquid carbon dioxide and nitrogen (the RODECS system). The relevant IP portfolio covers the RODECS gasification technology and its use in the hydrogen and activated carbon industries. CSGF has over 70 active patents which cover various aspects of the technology. The patents are arranged in several patent families, which have an average patent life of approximately 10 years. CSGF intends to secure new patents over the next few years which are based on the RODECS technology to further extend the usable life of the patent families in the marketplace.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04841526/filing-history/MzQyMzg4NzQwOWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04841526

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