Ward and Sherratt Recycling Limited (07503168): administration
- Status
- Administration ended
- Administration began
- 2012-06-06
- Administrators' firm
- Hannay Associates
- Formerly
- Ward and Sherratt Recycling Limited Limited; Ward Sherratt Recycling Limited
- Incorporated
- 2011-01-24
- Location
- Amersham
- Industry
- 38320 Recovery of sorted materials
Why it went into administration
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
From the administrators' statement
The Company was incorporated on 24 January 2011, by the founding directors Mr Michael Ward and Mr Jason Kenneth Sherratt, in the name of Ward Sherratt Recycling Limited, which was soon changed to its present name The Company commenced trading soon thereafter. It traded from the site situated at Hillside Industrtal Park under a licence to occupy basis at a monthly rental of £3,600 00, including VAT
The Company’s principal activity was that of recovery of sorted materials and dealing in processed metals. Its main customers were foundries and other metal processors Such waste as was unable to be processed by the company was allowed to be dealt with by paying other recycling companies to clear the waste.
The initial capital of ctrca £450,000 00 was provided by Mr Michael Ward and Mr Jason Sherratt Mr Ward by cash introduction and Mr Sherratt by introducing cash and assets
Administrators' statement of proposals (2012-08-01) · Companies House register