Vertal Limited (05832968): administration
- Status
- Administration ended
- Administration began
- 2012-06-21
- Administrators
- Simon Elliott Glyn, Jason Daniel Baker
- Administrators' firm
- FRP Advisory
- Formerly
- Food Waste Convertors Ltd
- Incorporated
- 2006-05-31
- Location
- London
- Industry
- 38210 Treatment and disposal of non-hazardous waste
Why it went into administration
- Competition / price pressure
- HMRC / tax arrears
- Property / lease costs
From the administrators' statement
The Company operated tn the organic composting sector, and traded from leasehold premises in Mitcham, Surrey. Following an eighteen month set up and installation period it commenced trading in 2010 and established itself as London’s largest food waste recycling plant The plant received over 50,000 tonnes of local authority and commercial source-segregated waste per annum, with a capacity to receive up to 100,000 tonnes
FRP Advisory LI? Is incorporated in England ond Wales under the Limited oblity Porinetships Act 2000 as a Limitad Ucbilty Partnership Partnership Ni 856 Regstered office 10 Furivat Steet, London ECA 1YH A fst of members’ names is opan fo Inspection at this adatess. www fipackisory com Shp Number OC365680
There was high investment in plant and machinery to achieve this capacity. A total of £5.2m was invested in tangible assets over the period to April 2012, of which the inttal cost in 2009 was £3.4m.
Administrators' statement of proposals (2012-08-17) · Companies House register