Credential Leaves Durham Site, Seeks New Premises

One of the UK’s largest recyclers of end of life tyres, Credential Automotive, is on the move – but stresses that all is “business as usual” for the firm. The recycler’s Durham site was subleased from tyre remoulder C-Tyres, who in turn leased it from Manchester based property developer Jacob Adler. However C-Tyres’ entry into administration last November and the forfeiture notice for non-payment of rent served by Adler (upon C-Tyres) appears to have changed Credential’s position considerably; the factors driving the recycler’s departure are said to be a rent increase combined with a disagreement with the landlord.

Credential is now operating from a temporary location in Birtley while it seeks new premises for its equipment and 15 staff.