Nottingham packaging firm Surepak ceased trading despite interest from 96 potential buyers, due to increased electricity costs and lost contracts.
Nottingham packaging firm Surepak ceased trading despite 96 potential buyers expressing interest. The company faced a 425% increase in electricity costs and loss of two significant contracts, leading to a £1m turnover decrease. Despite administrators' efforts, a sale to a buyer was unsuccessful. Polypouch UK purchased Surepak's order book, and the company's fixed assets are available for sale.
June 05, 2024
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