Oneselect Limited (09689085): administration
- Status
- Administration ended
- Administration began
- 2018-12-17
- Administrators' firm
- BDO
- Formerly
- One Select Limited; Cornflower Energy Supply Ltd
- Incorporated
- 2015-07-16
- Location
- Liverpool
- Industry
- 35140 Trade of electricity
Why it went into administration
- Regulatory change or action
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Creditor pressure / legal action
- Property / lease costs
- Funding withdrawn / unable to refinance
From the administrators' statement
OSL was incorporated on 16 July 2015. It was originally incorporated as Cornflower Energy Supply Limited but changed its name to OneSelect Limited on 16 October 2016. The sole director of OSL is Sathees Sampar.
Until 14 December 2018, OSL was licensed under the provisions of the Energy Act 2004 by the Gas and Electricity Markets Authority (Ofgem) to supply gas and electricity to domestic and non-domestic premises.
Since entering the gas and electricity supply market in 2016, OSL had managed to secure approximately 33,000 domestic customer accounts, generating an annual turnover in excess
Administrators' statement of proposals (2019-02-15) · Companies House register