Summary
Unimetals, a recycling company with locations across the UK, has filed for liquidation. The company is trying to manage the liquidation process safely and is working with a consulting firm for the next steps. It is not yet clear what will happen to the employees or how many jobs may be lost.
Key Facts
- Unimetals is a recycling company with sites all over the UK, including London and Greater Manchester.
- The company's headquarters is in Stratford-upon-Avon.
- Unimetals has filed for liquidation, which means they are closing and selling off their assets.
- The exact timing of when the firm will enter liquidation is still unknown.
- An accelerated process to find a new buyer or investor was unsuccessful.
- Consulting firm Alvarez & Marsal is assisting Unimetals with the liquidation process.
- Unimetals took on this business after acquiring Sims Metal's UK-based operations in 2024.
- The company is focusing on managing the liquidation responsibly and working with all involved parties.
