New Earth Solutions Facilities Management Limited (06248036): administration
- Status
- Administration ended
- Administration began
- 2016-06-07
- Administrators
- Sarah Helen Bell, Phillip Francis Duffy
- Administrators' firm
- Kroll
- Formerly
- New Earth Solutions Properties Limited
- Incorporated
- 2007-05-15
- Location
- Manchester
- Industry
- 96090 Other service activities n.e.c.
Why it went into administration
- Parent or group failure
- Funding withdrawn / unable to refinance
From the administrators' statement
Statutory information on the Group and a summary of its financial history ts included at Appendix
The Group was incorporated and commenced trading in 2006 The Group was a leading independent waste treatment and renewable energy specialist which provided sustainable residual waste treatment services to local authorities and the commercial sector The Group operated WTF's across five sites in the United Kingdom, together with a separate leasehald head office function in Dorset
Historicaily, the Group appeared to trade profitably, recording a consolidated Group profit on ordinary activities, before interest, of £4 25 million in 2013
Administrators' statement of proposals (2016-07-13) · Companies House register