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Energy Intelligence
Centre Limited (‘EIC’) If you
have any queries in relation to EIC, which continues to trade as normal,
please refer to their website - https://www.eic.co.uk/about-us/
T-Mac Technologies
Limited (‘T-MAC’) If you
have any queries in relation to T-MAC, which continues to trade as normal,
please refer to their website https://www.eic.co.uk/about-us/
If you have any queries in relation to Icon Communication
Centres, which continues to trade as normal, please refer to their website http://www.theiconadvantage.com/
Utilitywise Plc (in
Administration) (Company Number: 05849580, EPIC: UTW) On 13 February 2019, Andrew
Johnson and Chad Griffin of FTI Consulting LLP were appointed as Joint
Administrators of Utilitywise Plc (“UTW”). UTW is the AIM-listed holding
company of the Utilitywise Group (“the Group”), and the trading entity
for the Group’s Enterprise division, which provided energy and utility
brokerage services to micro-market and SME businesses customers. After extensive discussions with the Group’s largest
shareholders and other stakeholders, the directors of UTW were unable to
raise sufficient funding to cover trading losses and implement the turnaround
strategy required by the Enterprise business. Furthermore, the formal sale process for the Group
announced by the board on 28 January 2019 did not result in any offers to
acquire the Enterprise division, or the Group as a whole. Consequently, the
directors of UTW sought the appointment of Administrators at UTW. The
Administrators have taken the decision to cease trading for the Enterprise
division immediately, but are continuing the sales process for UTW’s
subsidiary companies. All other group entities remain outside of an
insolvency process and continue to trade as normal. The
affairs, business and property of UTW are being managed by the Joint
Administrators. The Joint Administrators act as agents of UTW and without
personal liability. Andrew Johnson and Chad Griffin are licensed in the United
Kingdom to act as insolvency practitioners by the Institute of Chartered
Accountants in England and Wales, under section 390A(2)(a) of the Insolvency
Act 1986. Further information for key stakeholders can be found
below. Customers If you are a customer of
UTW, as a third-party intermediary (“TPI”), UTW acted as an introducer
between you and utility (electricity, gas, water, etc)
suppliers. Your supply contacts are between you and the utility supplier
directly. Your supply contracts with utility suppliers will be unaffected by
the Administration of Utilitywise Plc. If you have
any queries regarding your supply contract, you should contact the utility
supplier directly in the first instance. If they are unable to assist, please
contact UTW on 0330 303 3303and we will endeavour to resolve any queries. Creditors If you are owed any money
for goods or services provided prior to the appointment of Administrators,
you are an unsecured creditor of UTW. A proof of debt form is available on
the Administrators’ creditors portal, following the here https://www.fticonsulting-emea.com/cip/utilitywise-plc.
Please forward details of your claim to UWCreditors@fticonsulting.com
enclosing copies of any supporting documentation such as invoices, contracts
etc. Retention of
Title If you consider that you have supplied goods to UTW
that are subject to retention of title, please notify the Administrators
within 10 days by emailing UWCreditors@fticonsulting.com
with the subject header “Retention of Title”. Please provide the following
documents for us to assess your claim. ·
A copy of your standard terms and conditions
of supply of goods; ·
Evidence that the company accepted such
conditions; ·
Copies of delivery notes/proof of delivery; ·
Copies of unpaid invoices to which your
claim relates; and ·
Evidence that you supplied the goods in
question, as opposed to any other supplier who may supply the same or similar goods. Please contact the
Administrators on 020 3727 1700, to arrange for the inspection of any goods
that may be at UTW’s premises. Leased
Assets If you have supplied UTW
with equipment, vehicles etc that are subject to a
finance agreement, or have hired equipment, vehicles etc
to UTW, please provide proof of ownership and a detailed description of the
items concerned to UWCreditors@fticonsulting.com
with the subject header “Leased Assets”. Employees If you are a former
employee of UTW and have any queries in relation to the Administration
process, please contact the Administrators via email on UWCreditors@fticonsulting.com. Information from JobCentrePlus can be found here Sales
Process If you have any queries relating to the sales
process for EIC and T-MAC, please contact the Administrators on 020 3727 1700
or via email on UWCreditors@fticonsulting.com.
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