National GAS and Power Limited (09523569): administration
- Status
- Administration ended
- Administration began
- 2018-08-02
- Administrators' firm
- RSM
- Incorporated
- 2015-04-02
- Location
- Gosforth
- Industry
- 47910 Retail sale via mail order houses or via Internet
Why it went into administration
- Regulatory change or action
- Creditor pressure / legal action
- Rising interest rates
- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract
- Bad debts / customer insolvency
From the administrators' statement
Brief background
The brief background has been prepared from information provided by the directors and management of the company and is their responsibility. RSM Restructuring Advisory LLP has not carried out any verification of these comments and has no liability therein.
The Company was founded in 2015 and obtained a licence from Ofgem to supply gas and electricity.
Administrators' statement of proposals (2018-10-08) · Companies House register