Drenched Limited (09260622): administration
- Status
- Administration ended
- Administration began
- 2017-09-12
- Administrators
- Martin Paul Halligan
- Administrators' firm
- Live Recoveries
- Incorporated
- 2014-10-13
- Location
- Leeds
- Industry
- 71129 Other engineering activities
Why it went into administration
- Competition / price pressure
From the administrators' statement
The directors state that the Companies traded from leased premises at Unit 2 Buccaneer Drive, Doncaster International Business Park, Doncaster, DN9 3QR leased by Drenchedware with the costs and utilities being shared by both of the Companies.
Drenched was incorporated on 13 October 2014, and Drenchedware was incorporated on 12 May 2016, both to carry out the business of the development, sales and marketing of water saving devices.
The Companies developed a water-saving volumiser product to transform a flow of water into a targeted molecular cone which reduces the volume of water used in the process by more than 90%.
Administrators' statement of proposals (2018-01-02) · Companies House register