Mon, 19 Jan 2015 | ADMINISTRATION
Averies Recycling, who operated a plant in Swindon that was on fire for two months last year, has gone into administration.
The firm had operated the Marshgate site since 2008. The blaze began on 21 July and burned until 15 September 2014, when it was finally put out after 3,000 tonnes of waste was cleared to allow firefighters access. The fire cost an estimated £500,000 to tackle, the Environment Agency (EA) said.
Following the fire, Averies Recycling had its waste carrier licence revoked by the EA in December last year, and the firm was further ordered to clear 7,000 tonnes of waste from the site by 4 March, however removal work has yet to begin.
If the order is not met by the deadline, Swindon Council is expected to be faced with a £2 million bill to clear the plant.
A spokesman for the EA explained: “It is not the responsibility of the Environment Agency to clear the sites of waste. That would ultimately fall to the landowner if the company failed to clear the site of waste.
“It should be noted that the company has already received payment to remove waste but has failed to dispose of it.”
At the end of last year administrators Jamie Taylor and Lloyd Biscoe, of Begbies Traynor, took over Averies Recycling (Swindon) Ltd following an appointment in the High Court of Justice.
______________________________________________________________________
Related information:
Contact the administrators
Latest administration listings
Based in Yorkshire, the company is a distributor of a large range of premium branded welding machines and equipment, as well as hand tools, power tools, and safety equipment. The business has master distribution rights to a number of industry-leading...
This well-respected venue-finding agency boasts nearly three decades of industry experience and has cultivated strong relationships with over 100 blue-chip organisations. With a successful e-commerce platform driving 60% of sales and preferred contra...
This company presents a unique opportunity to capitalise on the growing demand for renewable energy services, offering a comprehensive suite of plumbing, heating, electrical, security, and smart home solutions. With a solid client base, expert in-hou...
07
|
Aug
|
Energy efficient building products firm acquired by German group | BUSINESS SALE
Epwin Group, a Solihull-based manufacturer of energy efficie...
07
|
Aug
|
Hestercombe house and gardens in Somerset falls into administration | ADMINISTRATION
Hestercombe, a visitor attraction, estate and gardens in Som...
07
|
Aug
|
Insurance brokerage acquires multi-class niche platform | BUSINESS SALE
International insurance brokerage and consulting firm NFP ha...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
We can help you capitalise on insolvent businesses. We list UK businesses in administration, liquidation and with winding up petitions daily. Ensuring our members never miss out on an opportunity
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.