Worth Bailey LLP, search purchaser of belongings of photo voltaic PV set up firm

Stuart Morton and Matthew Howard, Companions within the Insolvency and Restoration Workforce at Worth Bailey, have been appointed as joint liquidators of the corporate.

As a part of the liquidation course of, the liquidators are actually searching for potential events for the corporate’s belongings, together with the shopper ebook and unfinished initiatives, whereby an alternate installer might be able to take over or ‘undertake’ GET installations.

Suitably certified and accredited installer corporations are urged to get in contact by way of the devoted inbox [email protected] to precise an curiosity.

The corporate’s final administration accounts as of 31 March 2022 report an annual turnover of roughly £8 million with belongings exceeding £12.5 million. GET employed 51 folks however 16 had been made redundant and 35 transferred to a different group enterprise previous to the appointment of Worth Bailey as liquidators.

GET had beforehand been appointed as an authorised installer as a part of the Photo voltaic Collectively venture and the corporate primarily traded throughout London. The corporate secured their first venture with ‘Photo voltaic Collectively’ in 2020 leading to roughly 1000 installations. This was then additional constructed on with participation within the London ‘Photo voltaic Collectively’ clear power scheme. As well as, the corporate engaged in numerous large-scale home photo voltaic PV installations inside London, Cambridgeshire & Warwickshire.

Nonetheless in early 2023, a variety of setbacks led to GET dropping its Microgeneration Certification Scheme (“MCS”) accreditation ensuing within the firm now not with the ability to proceed to commerce. In consequence, the administration of the corporate contacted Worth Bailey for help almost about inserting the corporate into liquidation.

Worth Bailey has been working with related stakeholders to determine the rights and entitlements of affected events, together with shopper prospects. The agency has issued steering to all shopper prospects advising these affected on what motion they will take almost about monies that they’re owed.

Most prospects who’ve paid a deposit ought to have the choice to say monies again from their card supplier. Prospects are additionally suggested they might have extra deposit safety organized via The House Insulation & Vitality Methods High quality Assured Contractors Scheme (“HIES”).