News HeadlinesUK News
Arctic Circle in administration
UK: Hereford-based refrigeration company Arctic Circle has gone into administration.
According to a notice published in the Gazette yesterday, February 9, Rajnesh Mittal and Arvindar Jit Singh of Birmingham-based FRP Advisory Trading were appointed joint administrators of the business on February 7.
Arctic Circle was formed in 1985 supplying refrigeration plant for the retail food industry. It moved to its site on the Rotherwas Industrial Estate ten years later. Its most recent accounts to the end of March 2021 record a turnover of £6,147, 110, with an operating profit of £112,912.