Friday, December 27, 2024

Yorkshire environmental waste business enters administration

Gareth Harris and Lee Lockwood of RSM Restructuring Advisory LLP have been appointed joint administrators of Harpers Environmental Limited.

The company was an industrial services and waste management business delivering a wide range of projects from its York and Teeside sites, with contracts predominantly in Yorkshire and the North East.

The company was working on several sites and employed circa 80 staff directly, alongside a number of sub-contractors. All work has ceased and employees have been informed that they are redundant.

Gareth Harris, RSM Restructuring Advisory partner and joint administrator, said: “Harpers Environmental Limited has been successfully trading for over 65 years and despite recently signing some large profitable contracts has been unable to address historic losses due to the pandemic and collect the cash required to continue trading.

“Whilst we have sought a buyer for the business in a limited timeframe it has not proved possible to secure a going concern sale and sadly the directors have had no option but to shut the business down and appoint the joint administrators. As joint administrators, we remain keen to discuss a sale of assets with any potential interested parties.

“The joint administrators and the directors are currently trying to work with customers to ensure a smooth handover of contracts to alternative providers.”

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