From the administrators' statement

The Company was holder of an Electricity Supply Licence and a Gas Supply Licence (‘the Licences’). As a Consequence of the Company being unable to pay its debts and at the invitation of the Director, the Regulator revoked the licences and initiated the process to appoint a SOLR. The primary reason for that action being taken was for the Regulator to ensure continuity of supplies to the Company’s customers.

No Moratorium under Part A1 of the Act has been in force for the Company at any time within the period of 2 years ending with the day on which it entered Administration.

As a direct result of the SOLR process being initiated, the following work was undertaken prior to my appointment, directly in preparation for placing the Company into Administration:

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Ampoweruk Ltd (09994899)

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