Indivus Limited (10848251): administration
- Status
- In administration
- Administration began
- 2025-12-15
- Administrators
- Simon Jagger, Ben David Woodthorpe
- Administrators' firm
- S&W Partners
- Incorporated
- 2017-07-04
- Location
- London
- Industry
- 71121 Engineering design activities for industrial process and production
Why it went into administration
- Funding withdrawn / unable to refinance
From the administrators' statement
Indivus Limited (the “Company”) operates as an asset-holding and technology vehicle within a wider medical-waste-to-energy business enterprise. Its principal tangible assets are currently in use with Clinipower (and held at Clinipower’s premises) under the terms of a Plant Hire Agreement. The Company also owns the intellectual property associated with the process of harnessing energy from medical waste, together with a 50% shareholding in BBSC. The plant and machinery assets operated by Clinipower and the intellectual property support Clinipower’s commercial activities.
The strategy was to commercialise the technology behind the medical-waste-to-energy process by setting up new, full operational companies at dedicated sites in the UK with a view to selling these operations to third parties. Clinipower is the main operating entity within the group and provides proof of concept for this technology and acts as a training centre for investors/purchasers of the new operating vehicles.
As an asset-holding and technology vehicle, the Company derived its income from the use of its assets. At the time of the Administration this principally related to the hire of certain plant and machinery to Clinipower under a Plant Hire Agreement. In the future it was expected that the Company’s main source of income would become licence fees payable by the new operating vehicles, for the use of the underlying technology behind the medical waste disposal process.
Administrators' statement of proposals (2026-02-12) · Companies House register