Fifty workers have been made redundant after a troubled waste management firm called in administrators.
Alex Smiles Waste Management Ltd was hit with legal action earlier this year by the Environment Agency to reduce the huge amount of waste on its site in Deptford.
The company has ceased trading and this has unfortunately resulted in 50 of the staff having been made redundant.Baker Tilly spokeswoman
The waste management, recycling and skip hire business, set up in the 1970s, employed more than 80 people and operates 40-plus heavy goods vehicles.
Now, administrator Baker Tilly has been called in by the company and a result 50 people have now lost their jobs, although a “small number of employees” have been kept on.
A spokeswoman for the administrator said: “Steven Ross and Allan Kelly from Baker Tilly Restructuring and Recovery were appointed as joint administrators to Alex Smiles Limited on May 7, 2015.
“The company has ceased trading and this has unfortunately resulted in 50 of the staff having been made redundant.
“The administrators have retained a small number of employees to assist with the winding up of the company and are currently working to sell off any assets in order to pay creditors.
A spokeswoman for Alex Smiles said the firm had “no comment” to make at this time.
The business, which was set up in 1973 by the late Alex Smiles with the support of his wife Jane, remained based in Wellington Lane until the turn of the century, moving to its current site in 2002.