ICD Energy Limited (09935988): administration
- Status
- Administration ended
- Administration began
- 2018-05-18
- Administrators
- Sean Williams, Richard Pinder
- Administrators' firm
- Leonard Curtis
- Incorporated
- 2016-01-05
- Location
- Chesterfield
- Industry
- 43290 Other construction installation
Why it went into administration
- HMRC / tax arrears
- Loss of a key customer, supplier or contract
- Creditor pressure / legal action
From the administrators' statement
The Company was incorporated on 5 January 2016 and commenced trading shortly following its inception. The Company's registered number is 09935988.
The principal trading activity of the business was the installation of domestic and commercial smart meters.
The Company was initially capitalised through the introduction of personal funds by its shareholders. The Company's principal source of revenue was through contractual work with large utility providers and intermediaries. Sales volumes since incorporation were closely linked with the Company's ability to obtain key contracts. Profitability was driven by the Company's ability to maximise margin on each contract.
Administrators' statement of proposals (2018-06-13) · Companies House register