# GB Energy Supply Ltd (08500842)

> Why UK company 08500842 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/08500842

- **Status:** Administration ended
- **Administration began:** 2016-12-06
- **Administrators' firm:** BDO
- **Formerly:** Altitude Energy Supply Limited
- **Incorporated:** 2013-04-23
- **Location:** Liverpool
- **Industry:** 35140 Trade of electricity

## Why it went into administration

- Regulatory change or action
- Funding withdrawn / unable to refinance
- Rising costs / inflation
- Cash flow / liquidity pressure
- Over-expansion / investment not recovered

## From the administrators' statement

The Company was incorporated on 23 April 2013 and operated from leasehold premises situated at 842-844 Garstang Road, Barton, Preston, PR3 5AA.

The Company operated under the concept of a ‘virtual energy supplier’ in that the majority of the Company’s operational functions were outsourced and managed centrally through its core team of head office staff

Until 30 November 2016, the Company was licensed, under the provisions of the Energy Act 2004 by the Gas and Electncity Markets Authonty (Ofgem) to supply gas and electric to domestic and non-domestic premises

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/08500842/filing-history/MzE2NjA2MTgzNmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/08500842

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.