JNL Waste Services Limited (09039520): administration
- Status
- Administration ended
- Administration began
- 2023-10-13
- Administrators
- Scott Christian Bevan, Simon David Chandler
- Administrators' firm
- Mazars
- Incorporated
- 2014-05-14
- Location
- Birmingham
- Industry
- 49410 Freight transport by road
Why it went into administration
- HMRC / tax arrears
- Rising costs / inflation
- Cash flow / liquidity pressure
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
- Credit insurance / supplier credit withdrawn
From the administrators' statement
The Company was incorporated on 14 May 2014 with the name JNL Waste Services Limited. lts primary activity is the collection of commercial waste products that are to be used in the renewable energy and recycling sectors. The Company traded from a rented premises employing 9 staff members.
Simon Chandler and Scott Bevan first met the Director Jonathan Lee and former Director Natalie Jarvis (now deceased) in 2014 when J.E.D International Limited (‘JED’) encountered financial difficulties. The referral was via the Company’s former Accountants Denton Tavara. JED entered Administration on 3 June 2014, with Simon Chandler and Scott Bevan appointed as Administrators. The business and assets were sold during the Administration to JNL Waste Services Limited (‘the Company’).
Initial advice and meetings
Administrators' statement of proposals (2023-11-15) · Companies House register