A WELL-ESTABLISHED Herefordshire company has entered administration. 

Caplor Energy Ltd is a Fownhope-based renewable energy specialist was incorporated in 2001. 

But documents submitted on Companies House say it has gone into administration. 

Begbies Traynor Group, which, according to its website, handles the largest number of corporate insolvency and restructuring appointments in the UK, has been appointed as the administrator. 

Caplor Energy's registered office address has therefore changed from Caplor Farm to 8th Floor, Temple Row, Birmingham, one of the administrator's offices. 

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Begbies Traynor confirmed that the company has ceased trading, with the loss of 31 jobs, and Mark Malone and Gareth Prince have been appointed joint administrators.

Mr Malone said:  “This family business, which pioneered in the energy sector since 2001, traded successfully for many years, installing renewable energy solutions for domestic and commercial customers across the UK. Regrettably, a recent period of rapid growth has led to substantial trading losses and cash pressures.   

“Unfortunately, the directors were unable to secure additional funding or investment and after an unsuccessful attempt to sell the business the directors made the difficult decision to cease trading at the beginning of 2024.”

Files submitted to Companies House last month show that Anna Elisabeth Williams and David Rory Williams terminated their roles as directors, while Suzanne Clare Cook stood down as secretary. 

On November 2, 2022, The Gazette issued its first notice to strike off the company before it was discontinued the following day.  

The administrators are now helping affected employees process their claims and are working to realise assets and maximise recoveries for the benefit of all creditors, as well as exploring options to mitigate the impact on any adversely impacted customer. 

Any customers affected by the sudden cessation of trade can contact the joint administrators by emailing birmingham@btguk.com using the reference “Caplor Energy – Customer Query”.