Rame Solar One Limited (09630006): administration
- Status
- Administration ended
- Administration began
- 2016-08-11
- Administrators' firm
- Leonard Curtis
- Incorporated
- 2015-06-09
- Location
- Bristol
- Industry
- 35110 Production of electricity
Why it went into administration
- HMRC / tax arrears
From the administrators' statement
The Company was incorporated on 9 June 2015, forming a member of the Rame Group of Compantes, operating within the renewable energy sector
Following acquisition by the Group of Beco Solar in July 2014, management became aware of the strong financial returns being achieved by investment into the UK rooftop solar market which at the time was supported by the Government through feed in tanff
Beco, as a solar installer, was working on behalf of customers funding their own asset investment, as well as for financiers advancing funds into the sector The Group identified that moving into project ownership would provide strong and stable long term returns This was considered especially true for projects around the 10kW to 50kW installed capacity The Group therefore sought a funding partner and secured a loan facility, enabling £200,000 investment into burlding three rooftop projects in Q2 of 2015
Administrators' statement of proposals (2016-10-07) · Companies House register