Enteq Technologies PLC (07590845): administration
- Status
- In administration
- Administration began
- 2025-04-30
- Administrators
- Paul Berkovi, Robert Andrew Croxen
- Administrators' firm
- Alvarez & Marsal
- Formerly
- Enteq Upstream PLC; Enteq Upstream Limited
- Incorporated
- 2011-04-05
- Location
- Brighton
- Industry
- 25990 Manufacture of other fabricated metal products n.e.c.
Why it went into administration
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Property / lease costs
- Sustained trading losses
From the administrators' statement
The Company was incorporated on 5 April 2011 and operated as an engineering and technology company for drilling operations, primarily to the oil and gas, geothermal and energy transition sectors.
The Company operated from leasehold premises in Cheltenham and its registered office address was in London.
The Company has a US subsidiary, Enteq Technologies USA Inc (‘Enteq USA’), which operates from a technology centre in Houston, Texas.
Administrators' statement of proposals (2025-06-06) · Companies House register