Rebel Energy Supply Limited (10767623): administration
- Status
- In administration
- Administration began
- 2025-04-08
- Administrators
- Matthew James Cowlishaw, Paul James Meadows
- Administrators' firm
- Teneo
- Formerly
- Cilleni Energy Supply Limited
- Incorporated
- 2017-05-12
- Location
- Birmingham
- Industry
- 35140 Trade of electricity
Why it went into administration
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Regulatory change or action
- Energy costs
From the administrators' statement
RESL was incorporated on 12 May 2017 and was a supplier of gas and electricity to c.90,000 domestic customers, c.5,700 commercial customers and c.440 prepayment customers. RESL is the main trading entity of the Group and held the relevant energy supply licences with Ofgem.
The main assets of RESL consist of its customer debtor book, cash held in pre-appointment bank accounts and cash held with its merchant service provider at the date of appointment. RESL is a wholly owned subsidiary of REGL which is also the ultimate parent company. RESL employed 135 staff as at the date of appointment.
RELL was incorporated on 26 January 2024 with the primary objective of developing proprietary technology to support the trading of RESL. RELL employed 21 staff as at the date of appointment who provide technology and analytical support to RESL. RELL is a wholly owned subsidiary of REGL.
Administrators' statement of proposals (2025-05-20) · Companies House register