Gendrive Limited (05448820): administration
- Status
- Administration ended
- Administration began
- 2014-03-17
- Administrators' firm
- KRE Corporate Recovery
- Incorporated
- 2005-05-11
- Location
- Reading
- Industry
- 27120 Manufacture of electricity distribution and control apparatus
Why it went into administration
- Regulatory change or action
From the administrators' statement
The following narrative has been produced from statements provided by the Company's director(s) Creditors should note therefore that neither the Joint Administrators nor KRE Corporate Recovery LLP accept any responsibility for any inaccuracies contained herein
The Company was formed in May 2005 by Damyn Musgrave with the initial purpose of providing consulting services in the field of power electronics and electrical machine design Until August 2007 the Company operated out of a garage tin Cottenham as it completed research and development on a converter for contra-rotating generators
Upon successfully being awarded a research grant to complete the development and demonstration of a novel converter product for wind turbines, the Company's co-founder Nigel Jakeman joined Mr Musgrave in new premises at Papworth Everard where the Company expanded its own research capabilities with a view to becoming a manufacturer of power electronics
Administrators' statement of proposals (2014-05-22) · Companies House register