# Reveles Energy Limited (09163306)

> Why UK company 09163306 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/09163306

- **Status:** In administration
- **Administration began:** 2021-11-01
- **Administrators:** David Robert Acland, Anthony Collier
- **Administrators' firm:** FRP Advisory
- **Formerly:** The Energy Checking Company Limited
- **Incorporated:** 2014-08-05
- **Location:** Manchester
- **Industry:** 82990 Other business support service activities n.e.c.

## Why it went into administration

- Creditor pressure / legal action
- COVID-19
- Cash flow / liquidity pressure
- Weather / natural events

## From the administrators' statement

The Company was incorporated in 2014 and traded as an energy comparison provider to SMEs and had relationships with a large number of energy providers.

The Company employed 30 employees at its leasehold premises in Tyne & Wear, all of whom were on furlough until the end of October.

The business generated revenue through commission payments from energy suppliers which were triggered when a customer introduced by the Company entered into a contract with the provider. Revenues were earned from both new customer sign-ups and the renewal of existing customers.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/09163306/filing-history/MzMxOTg5Nzg5MGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/09163306

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