Graphite Resources Limited (06441378): administration
- Status
- Administration ended
- Administration began
- 2011-07-05
- Administrators
- Mark Granville Firmin, Howard Smith
- Administrators' firm
- KPMG
- Formerly
- Graphite Resources (Project Clean) Limited
- Incorporated
- 2007-11-30
- Location
- Newcastle upon Tyne
- Industry
- 7415
Why it went into administration
- Funding withdrawn / unable to refinance
From the administrators' statement
Graphite Resources Limited (“Resources °) was incorporated on 30 November 2007 and operated as the ultimate holding company for a group of companies (together the Group ) that was formed in 2007 to construct and operate a waste recycling plant in Derwenthaugh Gateshead
The plant was designed around three steam autoclaves which treat either sorted or unsorted waste material through rotation and at high temperatures Cellulose matenals ae
broken down into fibre flakes by the technology
Administrators' statement of proposals (2011-08-30) · Companies House register