# Plastics Sorting Limited (06459914)

> Why UK company 06459914 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/06459914

- **Status:** Administration ended
- **Administration began:** 2012-02-01
- **Administrators' firm:** Begbies Traynor
- **Incorporated:** 2007-12-27
- **Location:** Cardiff
- **Industry:** 3720

## Why it went into administration

- Loss of a key customer, supplier or contract

## From the administrators' statement

The Company was incorporated in 2007 in order to establish a sorting facility for waste plastics in Wales and to supply PET sorted matenal to reprocessors from the Welsh municipal waste stream

£850,000 of grant funding was secured from the Welsh Assembly Government's (WAG) Regional Capital Access Fund, which was matched with commerciatrate bank loans

In late 2007, the Company entered into a business partnership with an independent commercial reprocessor who had recently moved their cold-washing and PET flaking plant into the region

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/06459914/filing-history/MzA1MzQ2MjczMWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/06459914

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.