Assets of collapsed manufacturer up for sale
Alfreton-based polythene and plastic sheeting manufacturer CPR Manufacturing has ceased to trade, with the company's entire assets are now up for sale via auction.
CPR Manufacturing is a long-established recycling and extrusion facility producing polythene, linear and compostable films for the industrial, retail, trade, local authority and healthcare sectors.
In its latest accounts, made up to April 30 2023, the company says it employed 34 people.
Asset advisory firm Walker Singleton, which is hosting the online auction, has invited bids on the company's equipment from its manufacturing facility on Dunsford Road in Alfreton. Bids close from 12pm on Thursday, March 13.
In total, there are 400 lots involved in the auction. This includes polythene film extrusion lines, as well as recently purchased bag welding and production equipment, plastic blending, recycling and cutting equipment.
The operational equipment also includes a range of site, support and handling equipment and there are a large quantity of office furnishings available for sale.
Walker Singleton director, Allan Chapman, said: "CPR Manufacturing had a strong reputation as a high-quality manufacturer of polythene and plastic sheeting.
"The wide range of equipment and items available will appeal to a number of buyers, from manufacturers and trade professionals, through to resellers."
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