Collapsed Scottish recycling firm Greenlight Environmental had debts of up to £1.2m, it has been revealed.
Administrators from RSM Restructuring Advisory said: “The amount owed to creditors, that we are aware of, amounts to £1.2m and is made up of trade creditors, HMRC and employees.”
The firm made 109 people redundant when it entered administration in August after an attempt to sell it failed.
Greenlight provided certain recycling services, mainly glass, to Argyll and Bute, Inverclyde and West Dunbartonshire councils.
It was established in 1991 with council funding and rans two MRFs, processing around 15,000 tonnes a year of material.