Energy Compare Limited (08445039): administration and why it failed

Energy Compare Limited (08445039): administration

Status: Administration ended
Administration began: 2025-02-27
Administrators: Darren Brookes
Administrators' firm: Milner Boardman Partnership
Incorporated: 2013-03-14
Location: Altrincham
Industry: 82200 Activities of call centres

Why it went into administration

Loss of a key customer, supplier or contract
Property / lease costs
Cash flow / liquidity pressure
HMRC / tax arrears
Sustained trading losses
Pension deficit

From the administrators' statement

Mortgage Type: Fixed and floating charge Person Entitled: Close Brothers Limited Created: 08.06.2022

Registered: 09.06.2022

Status: Satisfied 12.09.2023 Mortgage Type: Fixed and floating charge Person Entitled: Market Finance Limited Created: 28.06.2021

Administrators' statement of proposals (2025-04-26) · Companies House register

Dig into any UK company's accounts

Search a company to fetch every set of accounts it has filed at Companies House, from incorporation to the latest filing. Tagged (iXBRL) accounts are read directly. Older scanned PDF accounts are read with OCR (optical character recognition).

Profit & loss: revenue, margins and profit, year by year
Balance sheet: assets, liabilities, working capital and net assets
Cash flow: operating, investing and financing flows and free cash flow
Groups: consolidated figures are used when a group files group accounts