Feel Electric Ltd (13074520): administration
- Status
- In administration
- Administration began
- 2026-03-03
- Administrators
- Louise Longley, Julian Pitts
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2020-12-10
- Location
- Leeds
- Industry
- 62012 Business and domestic software development
Why it went into administration
- HMRC / tax arrears
- Over-expansion / investment not recovered
From the administrators' statement
Our proposals for achieving the purpose of the Administration provide detailed information in relation to the Company. The following background information is provided to assist creditors who may have limited knowledge of the Company and its affairs to better understand the reasons for the pre-packaged sale.
The Company was incorporated on 10 December 2020. The Company is headquartered at 77 Street Lane, Leeds. The business was founded by Jon Wright, a well-known fitness entrepreneur best recognised for building Xercise4Less from a single site to 52 gyms prior to selling the chain to private equity. His track record in scaling fitness brands established a strong foundation for the Company’s ambitious national growth strategy.
Founding
Administrators' statement of proposals (2026-03-13) · Companies House register