Firefly Energi Orkney Ltd (SC473999): administration
- Status
- Administration ended
- Administration began
- 2021-03-10
- Administrators
- Paul Andrew Flint, John Noon
- Administrators' firm
- Alvarez & Marsal
- Incorporated
- 2014-04-01
- Location
- Glasgow
- Industry
- 74909 Other professional, scientific and technical activities n.e.c.
Why it went into administration
- Loss of a key customer, supplier or contract
- COVID-19
- Bad debts / customer insolvency
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Competition / price pressure
From the administrators' statement
Firefly Energi Orkney Limited (the “Company”) was incorporated and began trading on 1 April 2014.
The Company specialised in the supply and installation of insulation to homes and traded from leased premises in Kirkwall, Scotland.
It was a wholly owned subsidiary of Firefly Energi Limited (the “Parent’), which is registered in Blackburn, England.
Administrators' statement of proposals (2021-05-05) · Companies House register