SE Group Ltd (08506397): administration
- Status
- Administration ended
- Administration began
- 2022-08-30
- Administrators
- Christopher Robert Pole, Howard Smith
- Administrators' firm
- Interpath Advisory
- Formerly
- Halo Clean Tech Limited; European AG Trading Limited; EE Wind Limited; Evoco Energy Turbines Limited
- Incorporated
- 2013-04-26
- Location
- Leeds
- Industry
- 74909 Other professional, scientific and technical activities n.e.c.
Why it went into administration
- COVID-19
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Sustained trading losses
From the administrators' statement
The Company was incorporated on 26 April 2013. It is a holding company for the Social Energy Group, providing management services to the other Group Companies. The direct subsidiary of the Company is SEL and the indirect subsidiaries include Levelise (90% owned), SESL and SEA.
The Company traded from a leasehold property based in Brighouse (where the Company staff were located), with subsidiary operations based in Oxford and Australia.
The Company provided business services to the rest of the Group. Levelise developed and owns the rights to a specialist energy technology sold to residential customers. The remaining companies in the Group operate by distributing this technology to customers and offering services relating to ongoing supply.
Administrators' statement of proposals (2022-10-17) · Companies House register