# Eversmart Energy Ltd (09310427)

> Why UK company 09310427 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/09310427

- **Status:** Administration ended
- **Administration began:** 2019-09-13
- **Administrators:** William James Wright, Howard Smith
- **Administrators' firm:** KPMG
- **Formerly:** Energyq Limited
- **Incorporated:** 2014-11-13
- **Location:** Manchester
- **Industry:** 35140 Trade of electricity

## Why it went into administration

- Competition / price pressure

## From the administrators' statement

The Company was incorporated in November 2014 under the name of EnergyQ Limited. In June 2016, the Company changed its name to Eversmart Energy Ltd and the principal activity of the Company was the supply of energy to mainly domestic customers but with a small number of commercial customers as-well.

The Company traded from leased premises in Manchester and at the date of our appointment only had one director, Barnaby Cook.

Prior to our appointment, the Company employed 86 employees. However, on/around 3 September 2019 the Director resolved to make 44 employees redundant. A further 41 employees transferred to Utilita under the TUPE Regulations following the completion of the SoLR process referenced at Section 3.1.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/09310427/filing-history/MzI0OTQyOTIyNmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/09310427

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