# PFP Energy Limited (08994981)

> Why UK company 08994981 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/08994981

- **Status:** Administration ended
- **Administration began:** 2021-09-24
- **Administrators' firm:** Alvarez & Marsal
- **Formerly:** Places For People Energy Limited
- **Incorporated:** 2014-04-14
- **Location:** Brighton
- **Industry:** 35140 Trade of electricity

## Why it went into administration

- Regulatory change or action
- Energy costs
- Cash flow / liquidity pressure
- COVID-19
- Rising costs / inflation
- Funding withdrawn / unable to refinance

## From the administrators' statement

PFPE was incorporated on 14 April 2014. The Company is a wholly owned subsidiary of Sands Investments Limited and was headquartered in Preston, Lancashire with approximately 50 employees.

As noted in Section 3 above, the Company's sole purpose was to provide an operating platform to allow its wholly owned subsidiary, PFPES, to service its customers. PFPES was licensed by Ofgem to supply gas and electricity to domestic and non-domestic premises per the terms of the contracts entered into with its customers.

PFPES supplied gas and/or electricity to approximately 82,000 customers.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/08994981/filing-history/MzMyMDU5MTc4NGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/08994981

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