Together Energy (Retail) Limited (10300767): administration
- Status
- Administration ended
- Administration began
- 2022-02-04
- Administrators' firm
- FRP Advisory
- Formerly
- Eddington Energy Supply Limited
- Incorporated
- 2016-07-28
- Location
- Gosforth
- Industry
- 35140 Trade of electricity
Why it went into administration
- Regulatory change or action
- Funding withdrawn / unable to refinance
- Energy costs
- Sustained trading losses
From the administrators' statement
The Company was incorporated on 28 July 2016 under company number 10300767, with its registered office at 3rd Floor, 1 Ashley Road, Altrincham, Cheshire, WA14 2DT. It is a private company limited by shares and is wholly owned by Together Energy Limited (also in Administration), along with Bristol Energy Limited (“BEL”) (together known as the “Group”).
During 2020, TEL acquired the customer base of BE2020 Limited (formerly known as Bristol Energy), which are contracted by the Company, doubling the size of the operation. The Company thereafter had approximately 175,000 customers across approximately 300,000 meter points.
TEL is the primary operating entity. It employs all staff, provides the operational services to trade including finance, IT and billing services, customer management, and is the contracting party for the wholesale gas and electric supply. The Company is the energy supply licence holder and contracts with the customers and industry suppliers. BEL is dormant.
Administrators' statement of proposals (2022-04-09) · Companies House register