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Sun Solar and PV Limited (07384481): administration

Status
Administration ended
Administration began
2012-12-11
Administrators
Michael Chamberlain
Administrators' firm
Risk Capital Partners
Incorporated
2010-09-22
Location
Leeds
Industry
82990 Other business support service activities n.e.c.

From the administrators' statement

The Company was incorporated on 22 September 2010 by Carl Painter (“CP”) with the intention to supply and install solar panels to residential and commercial customers CP was 50% shareholder and a director Grant Robinson (“GR”) was also appointed as a director and 30% shareholder

The orginal up take of installation was very slow as the market in the UK was not established In January 2011 the Company began to obtain a steady inflow of orders including some quality contracts from local companies and local councils By the middle of 2011 the Company had expanded to 8 members of staff and nine sub contractors

In late 2011 the government reduced the feed in tariff for solar panels from 43p per Kwh to 21p per Kwh which produced a large influx of sales in October and November 2011 Upon the expectation of a further increase in sales the Company moved to new premises at Malvern House, Malford Court, Yeoford Way, Exeter, EX2 8LB

Administrators' statement of proposals (2013-02-05) · Companies House register

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Sun Solar and PV Limited (07384481)

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