From the administrators' statement

The Company was identified as experiencing financial difficulties on our Red Flag Alert system A call was made to the director of the Company on 22 August 2011 to discuss the Company's financial position and this initially resufted in the filing of a Notice of intention to appoint an administrator and culminated in a board meeting dated 20 October 2011, appointing joint administrators

The reasons for the Company's failure are detailed below under the heading Pre-packaged sale of the business and assets

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Energy Brokers UK Limited (06038803)

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