UK Metal Recycling Firm Unimetals Collapses into Liquidation Affecting 27 Sites
A major UK metal recycling company with 27 operational sites across the country has officially collapsed into liquidation, according to a notice published in the London Gazette today, March 5, 2026. Unimetals Recycling, which specialised in the recycling of various metals, filed for liquidation back in November, and shareholders have now formally decided to wind up the business entirely.
Formal Liquidation Process Initiated
In the official notice released this morning, director Jamie Afnaim confirmed that the sole member of the company passed a special resolution for voluntary winding up. An ordinary resolution was also passed to appoint joint liquidators to manage the liquidation process. The requisite voting majority for these decisions was received on February 26, 2026, marking a definitive end to the company's operations.
Jason Mark Elliott and Craig Johns, both of Cowgills Limited, have been appointed as joint liquidators to oversee the winding-up of Unimetals Recycling. The company's principal trading address is listed as Acre House, 11-15 William Road, London, NW1 3ER, though its impact spans nationwide due to the extensive network of sites.
Background and Broader Business Context
This collapse follows a period of financial difficulties for Unimetals Recycling, which had initially filed for liquidation several months prior. The company's demise highlights ongoing challenges within the recycling and manufacturing sectors, where economic pressures can lead to significant corporate failures.
In a related development, another UK-based company, Wild Child Animation Ltd, an award-winning animation studio, entered administration recently due to financial pressures. That firm employs 32 staff and approximately 50 contractors, with administrators actively seeking a buyer to salvage the business. Joint administrators Gordon McIntyre and Donald McKinnon of WBG Services LLP were appointed by the Stirling Sheriff Court on February 26, 2026.
The liquidation of Unimetals Recycling underscores a trend of business instability in certain industries, affecting jobs and local economies across multiple regions. As the joint liquidators begin their work, stakeholders will be monitoring the process closely for any potential recoveries or resolutions.
