Electra-Net Integrated Controls Ltd (03630364): administration
- Status
- Administration ended
- Administration began
- 2012-12-19
- Administrators
- Francis Gavin Savage, Kirstie Jane Provan
- Administrators' firm
- Begbies Traynor
- Formerly
- Ketech 2AS Ltd; 2AS' Limited
- Incorporated
- 1998-09-11
- Location
- London
- Industry
- 82990 Other business support service activities n.e.c.
From the administrators' statement
The Company was acquired by the Electranet Group of Companies ("the Group”) in 2010 The Company was farmally known as 2AS Limited and was incorporated in 1998 as a building energy management systems company The name of the Company was changed in 2008 to Ketech 2AS Limited before being acquired by the Group and finally changed its name to Electra-Net Integrated Controls Limited in 2010
The Group acquired the Comoany as it was looking to expand ifs operations and provide an integrated solution to its customers
On 6 May 2010 the Company granted HSBC Bank Pic i ‘the Bank") a debenture, which created a fixed and floating charge over the assets of the Company On the same day, the Company also entered into an Intercreditor Deed with xs ultimate parent, Electra-Net Holdings Limited which created a cross guarantee in relation to all accounts outstanding for both the Company and the Group Further details in réfation to the Bank's securty can be found at section 7 of this report
Administrators' statement of proposals (2013-02-14) · Companies House register