Carbon Savings Limited (10059938): administration
- Status
- In administration
- Administration began
- 2026-05-01
- Administrators
- Andrew Lawrence Hosking, Andrew Andronikou
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2016-03-13
- Location
- London
- Industry
- 43999 Other specialised construction activities n.e.c.
Why it went into administration
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Creditor pressure / legal action
- Regulatory change or action
- Energy costs
From the administrators' statement
The Company was incorporated on 13 March 2016 as a construction business specialising in the installation of energy-efficient measures aimed at reducing carbon emissions and lowering energy costs. Trading did not commence until late 2019, as the Company was engaged in obtaining the necessary industry accreditations and compliance approvals required to operate within the green energy and retrofit sector.
The Company operated successfully within the UK Government's Energy Company Obligation (“ECO”) scheme, which is designed to reduce fuel poverty and carbon emissions by requiring energy suppliers to fund energy efficiency improvements for vulnerable households. The Company developed a strong commercial relationship with its primary client, a major utility supplier, acting as a trusted installer responsible for the delivery of ECOfunded works.
In order to undertake such work, the Company was required to obtain and maintain a range of industry accreditations, including PAS 2030/2035, TrustMark, Microgeneration Certification Scheme (MCS), and Gas Safe registration. These accreditations involve significant cost, time, and ongoing compliance obligations, with the onboarding process typically taking between 6 and 18 months, followed by continuous audit and renewal requirements.
Administrators' statement of proposals (2026-07-08) · Companies House register