Elixir ceases trading

A MERSEYSIDE social enterprise that got people back into work at its recycling business is being wound up.

In a statement Kirkby-based Elixir Foundations blamed “early operational issues” for its problems.

It was set up by Ben Donnelly in 2008 and claims to have created work for around 1,000 people who were either long-term unemployed, ex-offenders, or recovering from addictions. Around 15 people were working at the business when it failed.

Chester-based accountancy firm Parkin S Booth is handling the company’s affairs.

In a statement Elixir said: “It is with regret that the directors of Elixir Foundations Community Interest Company must announce that the company has had to cease trading.

“Despite having achieved significant social and environmental impact, generating more than 1,000 jobs for vulnerable adults whilst diverting over 10,000 tonnes of waste from landfill, early operational issues have dogged the company.

“Despite using their best efforts, including further investment of their own money, the directors have not been able to overcome these historic issues.

“Having taken this very difficult decision the directors will now work as best they can to ensure the future employment of those affected by these events.”