Ready mix concrete giant files administration notice
London concrete supplier Mixit has filled a notice of appointment to appoint an administrator.
The firm’s ready mix lorries are a regular sight in the capital where the company used to operate as Jim’ll Mix It until it rebranded in 2015.
Mixit Concrete Ltd has been in business since 1983 with plants in Tilbury, Barking and Edmonton.
Latest results for the firm for the year to September 30 2021 show a turnover of £21.8m generating a pre-tax loss of £698,000 while employing 35 people.
Data and credit checking specialist Red Flag Alert highlighted the firms’ administration notice with its regular checks of high court construction insolvency applications.
Subscribers to the Red Flag Alert service benefit from early warnings about the financial health of companies to help them avoid bad debts.
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