# One Select Energy Limited (10292626)

> Why UK company 10292626 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/10292626

- **Status:** Administration ended
- **Administration began:** 2018-12-17
- **Administrators' firm:** BDO
- **Incorporated:** 2016-07-22
- **Location:** Liverpool
- **Industry:** 35120 Transmission of electricity

## Why it went into administration

- Regulatory change or action
- HMRC / tax arrears
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Property / lease costs
- Funding withdrawn / unable to refinance

## From the administrators' statement

OSEL was incorporated on 22 July 2016. As recorded at Companies House, the principal trading activity of OSEL is the production, transmission and distribution of energy supply, however, it did not hold a gas or an electricity supply licence. The sole director of OSEL is Sathees Sampar.

OneSelect Limited (‘OSL’) was incorporated on 16 July 2015, a connected company with a common director and shareholders. 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.

OSEL and OSL both operated from leasehold premises situated at Reading Bridge House, George Street, Reading, RG1 8LS, and OSEL employed 26 members of staff.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/10292626/filing-history/MzIyNzA4NjI5OWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/10292626

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.