A scrap metal firm in the north-west of England has gone bust with unpaid VAT debts of £21m.
JKL (Wakefield) Ltd, which trades as Eric France Metal Recycling, ceased trading putting out 18 people of work.
Liquidator, David Standish, a partner at KPMG’s restructuring practice, told the Yorkshire Post the firm had debts totalling £22m: “The insolvency is due to significant historic debts owed to HMRC”, he explained.
Standish called for anyone with information about the company to contact him at KPMG in Leeds.
The collapse cast a shadow over two rugby league clubs which had sponsorship deals with the firm. The Wakefield Wildcats and the Dewsbury Rams have both said they were looking for new sponsors.
MRW was unable to contact anyone from Eric France Metal Recycling for comment.