Thu, 08 Jan 2026 | BUSINESS SALE
Enablelink Limited, a West Midlands scrap metal recycling company, has been acquired out of administration alongside its freight haulage subsidiary in a pre-pack deal that saves 39 jobs. Enablelink and haulage business MT Transport (UK) fell into administration last month amid rapidly deteriorating financial performance.
Founded in 2007, Enablelink is a scrap metal business based in Tipton with sites in Birmingham that include a processing yard and a dedicated transport hub. Operating within the UK’s metal recycling supply chain, the company processes in excess of 300,000 tonnes of material per year.
MT Transport, which holds an operator licence in the name of Enablelink, operates from depots in Coseley, Tipton and Cradley Heath, with a fleet of 16 HGVs and 10 trailers.
Raj Mittal and Benjamin Jones of FRP Advisory were appointed as joint administrators of both companies shortly before Christmas. Upon appointment, a pre-pack deal was agreed with national firm Global Ardour Recycling.
The deal sees Global Ardour Recycling acquire Enablelink’s processing sites in Great Bridge and Coseley, securing a total of 39 jobs, as well as the business and majority of the assets of MT Transport (UK).
According to administrators Enablelink and MT Transport (UK) had faced significant challenges resulting from lower prices and volumes for recyclable materials, with industrial demand down both globally and locally. Enablelink, in particular, was said to have been hit by the effects of global economic headwinds and trade uncertainty on scrap metal volumes and prices.
Raj Mittal, joint administrator and partner at FRP, commented: “Enablelink is a well-established operator with a strong reputation in the metal recycling sector, but like many businesses in this industry it has faced complex headwinds.”
“Global economic pressures, shifting trade conditions and rising costs have all had a significant impact on trading performance. We’re pleased to have been able to secure a sale that preserves continuity at two key sites and safeguards jobs.”
“Our focus now is on engaging with stakeholders and working to achieve the best outcome for the remaining parts of the business.”
In accounts for the period from October 1 2024 to December 31 2024, Enablelink reported turnover of around £18.6 million, compared to £42.4 million in accounts covering April 23 2024 to September 30 2024. Operating losses, meanwhile, widened from £2.2 million to £3.7 million.
At the time, its fixed assets were valued at £21.2 million and current assets at £14.4 million, while net assets amounted to approximately £8.1 million.
During the period September 30 2024 to December 31 2024, MT Transport (UK) Limited’s fixed assets were valued at £1.4 million and current assets at £1.3 million, while net assets amounted to around £2.2 million.
The waste and recycling sector is seeing resilient levels of M&A activity
Opportunity to acquire a certified business with a ‘Go-To’ reputation, specialising in Industrial Rope Access solutions, Non-Destructive Testing, and comprehensive surveys, including confined space, aerial, and sub-sea inspections.
This well-established automation and control systems engineering company, based in the North West, offers comprehensive services across the automation lifecycle, catering to sectors like energy, pharmaceuticals, and industrial manufacturing.
This well-established steelwork and engineering business in Lancashire benefits from a prominent main road position and boasts a recently awarded Execution Class 3 certification.
|
21
|
|
Apr
|
UK administrations update: April 14 - 20 | ADMINISTRATION
Since our last update, the following businesses have been co...
|
21
|
|
Apr
|
Tees Valley recruitment firm acquired by Meraki Capital | BUSINESS SALE
Rite People, a Tees Valley-based recruitment company special...
|
20
|
|
Apr
|
Software acquirer Banyan swoops for MRP firm | BUSINESS SALE
Banyan Software, an acquirer and operator of software busine...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
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.