WE ARE Electric Limited (11794128): administration
- Status
- Administration ended
- Administration began
- 2025-09-26
- Administrators
- Carrie James, Nicholas Parsk
- Administrators' firm
- FRP Advisory
- Incorporated
- 2019-01-29
- Location
- Slough
- Industry
- 66190 Activities auxiliary to financial intermediation n.e.c.
Why it went into administration
- Regulatory change or action
From the administrators' statement
The directors advised that the Company had become insolvent due to a combination of the following factors:
• The failure of the latest equity round to generate sufficient interest to meet the Company's financing needs.
• The volatility in the electric car market, leading to volatile pricing and demand.
Administrators' statement of proposals (2025-11-14) · Companies House register