Energy Generator Sales Ltd (09677767): administration
- Status
- Administration ended
- Administration began
- 2022-01-25
- Administrators
- Michael Pallott, Natasha Brodie
- Administrators' firm
- Mazars
- Incorporated
- 2015-07-09
- Location
- London
- Industry
- 47910 Retail sale via mail order houses or via Internet
Why it went into administration
- COVID-19
- Supply chain disruption
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Brexit
From the administrators' statement
The Company was incorporated on 9 July 2015 and initially traded from Hill View Fam, Kimblewick, Aylesbury, Buckinghamshire, HP 17 8SX but moved to alternative trading premises at 1 Chamberlain Road, Aylesbury, Bucks, HP19 8DY inthe summer of 2021. The lease for 1 Chamberlain Road was registered in the name of an associated company.
The Company specialised in the sale of generators, water pumps and accessories through its website. Although the Company appears to have traded profitably in prior years, it has recently become subject to financial distress and ultimate failure due to the following:
• The outbreak of COVID-19 in spring 2020 resulting in a drop in sales and supply chain issues;
Administrators' statement of proposals (2022-03-21) · Companies House register