GES Realisations Limited (08111525): administration
- Status
- Administration ended
- Administration began
- 2018-06-08
- Administrators
- Daniel Christopher Hurd, Colin Peter Dempster
- Administrators' firm
- EY
- Formerly
- Greenray Energy Solutions Limited
- Incorporated
- 2012-06-19
- Location
- Birmingham
- Industry
- 82990 Other business support service activities n.e.c.
Why it went into administration
- Funding withdrawn / unable to refinance
- Parent or group failure
- Loss-making contracts / project overruns
From the administrators' statement
The Group provided servicing, maintenance and spare components for gas and steam turbines. It had the exclusive right to service and maintain a historic fleet of gas turbine packages now under the ownership of Siemens Industrial Turbomachinery Limited (‘Siemens’) and provided maintenance services ta ail companies globally, most recently concentrated in India, the Middle East, the Far East and the UK.
The Group’s head office was in Lincoln, with additional operations in Aberdeen (workshop facility) and Leicester (satellite office). The Group employed 76 staff at the date of administration.
The various Group companies provided different services to the Group's customers and were all operating entities with the exception of GES, GCL (both holding companies) and ACL (dormant). The Group structure as at the date of the administrations was as follows:
Administrators' statement of proposals (2018-06-29) · Companies House register