110 year-old metal processing business calls in administrators
A 110 year-old waste management and scrap metal business, W. H. Marren, has called in administrators.
45 staff were made redundant upon the appointment of joint administrators Mark Orton and Will Wight from KPMG on 18 July.
The West Midlands business employed a total of 52 staff, with the remaining seven kept on as skeleton staff as administrators wind down the business.
The company said it had experienced cash flow issues due to “significant” HMRC liabilities, which arose after an investigation into “financial irregul... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
