Graphite Projects Limited (06441380): administration
- Status
- Administration ended
- Administration began
- 2011-07-05
- Administrators
- Mark Granville Firmin, Howard Smith
- Administrators' firm
- KPMG
- 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- Funding withdrawn / unable to refinance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 Projects Limited ( Projects ) was incorporated on 30 November 2007 and operated as the debt holding company for a group of compantes (together the Gioup ) that was formed in 2007 to construct and operate a waste recycling plant in Derwenthaugh Gateshead — Its holding company 1s Graphite Resources Limited ( Resources’)
The plant was designed around three steam autoclaves which treat either sorted or unsorted waste material through rotation and at high temperatures Cellulose materials are
broken down into fibre flakes by the technology
Administrators' statement of proposals (2011-08-31) · Companies House register