GO Green Fuels Ltd (06423856): administration
- Status
- Administration ended
- Administration began
- 2018-12-13
- Administrators
- Henry Lan, Asher Miller
- Administrators' firm
- Begbies Traynor
- Formerly
- APP Engineering Limited
- Incorporated
- 2007-11-12
- Location
- London
- Industry
- 82990 Other business support service activities n.e.c.
Why it went into administration
- Funding withdrawn / unable to refinance
- Property / lease costs
- Regulatory change or action
- Competition / price pressure
From the administrators' statement
3.1 The Company was incorporated on 12 November 2007 to develop a commercial facility to demonstrate the feasibility of the production of substitute natural gas from household waste. The Company was dormant until it commenced trading on 3 September 2015 from leasehold premises at Unit B2/B3, Marston Gate, South Marston Business Park, Stirling Road, Swindon SN3 4DE (“the Trading Premises”). The Company’s current lease is for a term of seven years commencing on 25 December 2016 with an annual rent of £170,925.
3.2 Extracts from the Company’s Financial Statements are as detailed below: Yearended Yearended Year ended
31-12-17 31-12-16 31-12-15 (Statutory) (Statutory) (Statutory) £000 £000
Administrators' statement of proposals (2019-02-19) · Companies House register