Hanbury Plastics Recycling Ltd. (07485823): administration
- Status
- Administration ended
- Administration began
- 2015-08-06
- Administrators' firm
- CG&Co
- Incorporated
- 2011-01-07
- Location
- Manchester
- Industry
- 39000 Remediation activities and other waste management services
Why it went into administration
- Bad debts / customer insolvency
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
- Property / lease costs
From the administrators' statement
The Company operated as a recycled plastics sorting plant The recycling materials were sourced from municipal recycling facilities and brokers The Company had various contracts
with national suppliers where the Company would sell the sorted polymer plastic to these customers
The Company had up to 40 employees who operated a 24 hour, seven day a week shift pattern The production line employees worked twelve shifts in four day cycles Office staff and loading staff in the yard worked a standard week
Administrators' statement of proposals (2015-09-23) · Companies House register