Mochdre Biomass Limited (10188675): administration
- Status
- Administration ended
- Administration began
- 2022-08-16
- Administrators
- Robert Andrew Croxen, Adam Paxton
- Administrators' firm
- Alvarez & Marsal
- Formerly
- Newbridge Energy (Mochdre) Ltd
- Incorporated
- 2016-05-19
- Location
- Brighton
- Industry
- 35110 Production of electricity
Why it went into administration
- Cash flow / liquidity pressure
From the administrators' statement
Background information The Company was incorporated on 19 May 2016 as Newbridge Energy (Mochdre) Ltd. It changed its name to Mochdre Biomass Limited on 21 June 2016.
As detailed above, the Company owns a decommissioned renewables line that has been removed from its leasehold premises in Colwyn Bay, North Wales, and relocated to Ruthin pending recommissioning. The Colwyn Bay premises was vacated prior to our appointment.
The Company did not employ any staff as at the date of our appointment.
Administrators' statement of proposals (2022-08-30) · Companies House register