# Southern Solar Ltd (04403959)

> Why UK company 04403959 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/04403959

- **Status:** Administration ended
- **Administration began:** 2015-10-14
- **Administrators:** Jonathan James Beard, John Walters
- **Administrators' firm:** Begbies Traynor
- **Incorporated:** 2002-03-26
- **Location:** Brighton
- **Industry:** 33190 Repair of other equipment

## From the administrators' statement

Tne Company was incorporated in 2002 and operated as a supplier and installer of renewable energy solutions to both corporate and residential customers, specifically concentrating on solar panels

The Company was well established and traded successfully for a number of years, benefitting from Government initiatives that had been brought into place to encourage investment into solar energy tn particular, ‘feed in tariffs’ (‘FITS’) offered incentives for both individuals and businesses to use solar power, effectively generating an income from the power, which over an extended penod was profitable for the end user

We understand that the Company's business model was largely based around installations and projects that took advantage of the subsidies available However the amounts available under the FITS scheme have been subject to year on year reductions, which affected the demand for the Company's services, reducing its turnover As a result, the Company had started to suffer from cash-flow constraints

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/04403959/filing-history/MzEzNzQ5NjQ2MGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/04403959

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.