<\/p>\n
\n Gas-Elec, founded in 1996, provides gas and electrical safety for residential properties across the UK.\n<\/p>\n
\n It offers a “comprehensive range of services”, such as gas safety inspections, electrical safety services, boiler installation and servicing, home buyer reports, carbon monoxide and smoke detectors, and more.\n<\/p>\n
\n Its website says: “As pioneers in single-visit combined gas and electrical safety inspections, we have consistently delivered efficiency and customer convenience.\n<\/p>\n
\n “Our expert team ensures compliance with the latest safety standards across a wide range of services including boiler servicing, gas and electrical inspections, and energy assessments.\n<\/p>\n
\n “We pride ourselves on our commitment to safety, quality and innovation.\n<\/p>\n
\n “We are experienced in helping homeowners, landlords, and agents safeguard their properties.\n<\/p>\n
\n “Whether you\u2019re securing your home or preparing a property for sale or rent, Gas-Elec delivers reliable solutions tailored to your needs.”\n<\/p>\n
\n Customer reviews have described the company as ‘excellent’, and one that offers ‘quick and efficient’ inspections.\n<\/p>\n
Gas-Elec falls into administration after 30 years<\/p>\n
\n Now, after 30 years in business, Gas-Elec has entered administration.\n<\/p>\n
\n Nicholas Simmonds and Chris Newell, both of Quantuma Advisory Limited, were appointed as administrators on October 1, according to The Gazette.\n<\/p>\n
\n Gas-Elec has been contacted for comment.\n<\/p>\n
What happens when a company goes into administration?<\/p>\n
\n When a company enters administration, it means that it is unable to pay expenses, debts, or\u00a0other\u00a0liabilities, according to SquareUp.com.\n<\/p>\n
\n Companies House adds: “When a company goes into administration, they have entered a legal process (under the Insolvency Act 1986) with the aim of achieving one of the statutory objectives of an administration. This may be to rescue a viable business that is insolvent due to cashflow problems.\n<\/p>\n
\n “An appointment of an administrator (a licensed insolvency practitioner) will be made by directors, a creditor or the court to fulfil the administration process.”\n<\/p>\n
\n A statutory moratorium is put in place once a company enters administration, giving it “breathing space” to allow for financial restructuring plans to be drawn up free from creditor enforcement actions.\n<\/p>\n
\n A company can continue to trade while in administration, but daily management and control are handed over to the administrators.\n<\/p>\n
\n Companies House continues: “Within 8 weeks it is the administrators\u2019 role to formulate administration proposals.\n<\/p>\n
\n “Creditors are then asked to vote by a decision procedure to approve the administrators\u2019 proposals.\n<\/p>\n
\n “If the administration involves a sale of all or part of the company\u2019s business, the proceeds (after the costs of the procedure) will be distributed to creditors in a statutory order of priority.”\n<\/p>\n
\n Administration will end automatically after 12 months unless the administrator asks the court or creditors for an extension.\n<\/p>\n
\n Through administration, a company can be:\n<\/p>\n
Rescued and passed back to the directors<\/p>\n
Enter liquidation<\/p>\n
Be dissolved<\/p>\n
Other UK companies that have closed or entered administration\/liquidation in 2026<\/p>\n
\n It has been a tough year for the UK high street, with several retailers entering administration or liquidation and others announcing widespread store closures.\n<\/p>\n
\n Major high street brands LK Bennett, Claire’s, Quiz and Leading Labels have been forced to close all their remaining stores after falling into administration.\n<\/p>\n
\n TG Jones and the British Heart Foundation will also be closing around 150 stores each across the UK.\n<\/p>\n
\n Wynsors World of Shoes is shutting 17 stores across the UK, with closing down sales already underway at several affected branches.\n<\/p>\n
\n Popular UK-based online platform Laced, used for buying and selling rare trainers, is also set to close down after 11 years, having fallen into administration.\n<\/p>\n
\n Other retailers that have been forced to close stores this year include the likes of River Island, Primark, Brewdog, and more.\n<\/p>\n<\/p>\n
\n In the food sector, Whitbread notably closed all its branded restaurants across the UK last month, including all of its Brewers Fayre and Beefeater sites.\n<\/p>\n
\n Several UK travel companies have ceased trading or entered administration in 2026, including:\n<\/p>\n
\n Wayfairer Travel Limited has also suspended all services “until further notice” as it looks to appoint an administrator.\n<\/p>\n
\n Meanwhile, four UK airlines have fallen into administration or liquidation:\n<\/p>\n
\n UK delivery company Yodel is being phased out after being acquired by InPost.\n<\/p>\n
\n Meanwhile, iconic fashion brand Nasty Gal has shut down its website after being sold by Debenhams in a deal worth around \u00a312 million (US$16 million).\n<\/p>\n
\n Recommended reading:\n<\/p>\n
\n It hasn’t all been bad news for the UK high street, with several major brands announcing new store openings for 2026, including Joules, Aldi, M&S, and Superdrug.\n<\/p>\n
\n Meanwhile, brands including Evans, Karen Millen and Bodycare have returned to the UK high street this year after previously closing all their stores.\n<\/p>\n
\n Have you used CVH Transport Services before? Let us know in the poll above or in the comments below.\n<\/p>\n
#gas #company #enters #administration #years<\/p>\n","protected":false},"excerpt":{"rendered":"
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