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Over 600 jobs have been confirmed lost as a UK recycling firm is in a £85m liquidation.
The Insolvency Service, a government agency, has released a statement on Unimetals Recycling after the business went into liquidation last year with repercussions still being felt today.
Unimetals was headquartered in Stratford-upon-Avon and operated 28 sites nationwide including at Windermere Road in Hartlepool.
A spokesperson for the Insolvency Service said: “Unimetals Recycling (UK) Ltd was wound up in the High Court on 25 November 2025, with the Official Receiver appointed liquidator.
“All Unimetals Recycling (UK) Ltd sites were disclaimed by the Official Receiver on 25 November.
“As a result of the liquidation, 607 employees of Unimetals Recycling (UK) Ltd were made redundant.
"All affected employees were given information on how to make statutory claims from the Redundancy Payments Service."
Unimetals collected, processed and shredded metal waste to produce raw materials to sell to copper, aluminium and steel producers in the UK and worldwide.
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A statement of affairs in relation to Unimetals Group Limited - one of various corporate entities associated with the business that were in liquidation - revealed the scale of its creditors which totalled £85,130,185.70.
Sims Group Holdings was owed £62,771,539.52, with Unimetals having taken over the global company's UK-based business in 2024.
A related Unimetals company was owed £22,235,746.55, while Deloitte was owed £24,915.60 and JP Morgan was owed £769.55.