# Business Engagement Limited (05488174)

> Why UK company 05488174 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05488174

- **Status:** Administration ended
- **Administration began:** 2017-04-19
- **Administrators:** Sarah Helen Bell, Steven Muncaster
- **Administrators' firm:** Kroll
- **Incorporated:** 2005-06-22
- **Location:** Manchester
- **Industry:** 27900 Manufacture of other electrical equipment

## Why it went into administration

- HMRC / tax arrears
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Brexit

## From the administrators' statement

Statutory information on the Companies and a summary of their financial history is included at Appendix 1.

VEGL, VEL and VEHL specialised in the development, design and installation of energy management controls for commercial businesses. BEL is a dormant company.

The Companes have historically traded profitably and became the UK’s leading energy technology controls expert. In 2011, the incumbent management team purchased the shares with a view to continuing growing the business. Following this purchase, the business continued to grow and posted profits of £262,000 in the year ending 2014.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05488174/filing-history/MzE3ODc1NDE5NmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05488174

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