Environmental Waste Recycling Limited (05306290): administration
- Status
- Administration ended
- Administration began
- 2014-10-20
- Administrators
- Paul Stanley, Gary Norton Lee
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2004-12-07
- Location
- Manchester
- Industry
- 38110 Collection of non-hazardous waste
Why it went into administration
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
- Sustained trading losses
- Weather / natural events
From the administrators' statement
The director of the Company has provided the following bref Company history, incorporating the reasons behind the decision to appoint the administrators
Environmental Waste Recycling Ltd was established in 2005 by the director following a number of years in business in his sole capacity The company prospered for some years Although it suffered through the financial cnsis of circa 2008 to 2010, the company tnmmed costs, made redundancies and weathered the worst of those years
Dunng the years through to early 2013 the company was generating substantial profits
Administrators' statement of proposals (2014-12-18) · Companies House register