Circularity Scotland Limited (SC680460): administration
- Status
- In administration
- Administration began
- 2023-06-20
- Administrators
- Alistair Mcalinden, Blair Carnegie Nimmo
- Administrators' firm
- Interpath Advisory
- Incorporated
- 2020-11-10
- Location
- Glasgow
- Industry
- 39000 Remediation activities and other waste management services
Why it went into administration
- Funding withdrawn / unable to refinance
From the administrators' statement
The Company was incorporated on 10 November 2020 to administer Scotland’s Deposit Return Scheme (“DRS”). It is a company limited by guarantee, with 28 members at the date of appointment being parties who were required to comply with the regulations imposed by the Scottish Government under the terms of the DRS.
The Company operated from leased premises at the Ink Building, 24 Douglas Street, Glasgow, G2 7NQ and had 38 employees as at the date of appointment.
2.2 Funding and financial position of the Company
Administrators' statement of proposals (2023-07-31) · Companies House register