Tue, 17 Jun 2014 | ADMINISTRATION
A recycling company blighted by fire has entered voluntary liquidation.
Blackwater (North East) Ltd had leased out space at the former Swarland Brickworks premises in order to store bales of shredded, recycled carpet, the Northumberland Gazette reported.
A raging fire broke out in early September last year with about 3,000 tonnes of carpet on the site, and continued to burn until February, much to the distress of local residents. It was discovered that the company had sidestepped Environment Agency permit conditions several times.
Christopher Brooksbank of O'Haras Limited was brought in as the liquidator of Blackwater (North East) Limited on 3 June. A statement from the liquidators read: "Since his appointment he has been contacted by the Environment Agency and a representative for Sir Alan Beith to discuss the environmental issues at the Thrunton site.
"The company has insufficient funds to make good the site and following liquidation responsibility for the clean-up of the site now falls to the outside agencies or the ultimate owner of the site."
The "primary legal responsibility" lies with Blackwater (North East) Ltd, an Environmental Agency spokesperson said. If the company is dissolved in the liquidation process, then the onus will be on the landowner to prevent any further pollution.
The Environment Agency is taking steps to initiate legal action against Blackwater for the permit breaches and for not responding to enforcement action.
______________________________________________________________________
Related information:
More on distressed companies
Opportunity to acquire a high performing business and long leasehold property operating in the dental and medical sector within London. Offers by: 6 December 2024.
Opportunity to acquire the business and assets of a beverage retailer with stores across England. Offers by: 2 December 2024.
Opportunity to acquire a privately owned Company founded over 40 years ago, operating as one of the leading developers of exceptional residential homes in prime areas of London and Southern England. Offers by 5 December 2024.
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.