Green Biofuels Limited – in Administration (“the Company”)
On 2 October 2023, the Company entered Administration and Lucy Winterborne, Kristopher Stewart Aspin and Alan Michael Hudson of Ernst & Young LLP were appointed as Joint Administrators. The appointment was made by the Qualifying Floating Charge Holder under the provisions of Paragraph 14 of Schedule B1 to the Insolvency Act 1986.
Customers
The Company continues to trade to allow a purchaser to be found for its business and assets. The Company’s existing staff will be working closely with a member of the Administrator’s team in relation to the continued provision of goods and services during this time.
All customer enquiries should be emailed to GBF@uk.ey.com.
We will be in touch shortly with further information and confirmation of the applicable terms and conditions under which goods and services can continue to be provided during the Administration.
Creditors and suppliers
If you are a supplier or creditor of the Company and you require any further information or assistance in relation to the Administration, please contact the Administrators by email at GBF@uk.ey.com.
Please note that debts incurred by the Company before our appointment will classify as claims against the Company.
All services provided from 2 October 2023 will be paid for subject to them being prior approved by the Joint Administrators. Please continue to adhere to the terms and conditions of your existing contracts with the Company until you receive any further instructions from the Administrators.
If you wish to make a claim as a creditor, you may do so by requesting a Unique ID by sending an email to GBF@uk.ey.com. Alternatively, you may complete and return the proof of debt claim form located in the 'Company Documents' section below and send it by email to GBF@uk.ey.com. Please ensure that all documents in support of your claim are provided alongside your proof of debt claim form.
Media
All media enquiries please contact Seetle.Doole@uk.ey.com, and rob.joyce@uk.ey.com.
FAQ:
Who is involved in the sales process/ how long will a sale take
The Administrators have instructed a team to lead the marketing process for the Company. If you are aware of any potential interested parties, please direct them to Will Gaskell at wgaskell@uk.ey.com. Given the confidentiality of the sales process, we are unable to provide a further update at this time, however, you will be notified when the process reaches a key milestone.
Will we get paid for services/goods provided from now on?
Yes, all services provided from 2 October 2023 will be paid for subject to them being prior approved by the Joint Administrators. Please continue to adhere to the terms and conditions of your existing contracts with the Company until you receive any further instructions from the Administrators.
Can I cancel my contract?
You should continue to honour your obligations under the existing contract. Please continue to adhere to the terms and conditions of your existing contracts with the Company until you receive any further instructions.
Who should we correspond with going forwards?
All letters, invoices and outgoing correspondence will refer to the Administrators appointment and any orders going forward will need to bear the signature of one of the Joint Administrators, or one of their representatives. Nevertheless, please continue to liaise with your usual contact at the Company.
Who should I contact regarding my order(s)?
Please continue to liaise with your usual contact at the Company for any matters relating to managing distribution, orders and invoicing.
Why have Administrators been appointed?
Further information will be provided when the Joint Administrators write to creditors.
What are the Company’s liabilities?
Further information on this matter will be included in written communications to creditors.
Will the terms of my contract change as a result of the Administration?
Please continue to adhere to the terms and conditions of your existing contracts with the Company until you receive any further instructions from the Administrators.
Where should I direct any queries regarding the administration of the Company?
Correspondence and queries should be sent to GBF@uk.ey.com. A member of the Administrators’ team will then get in touch with you.
Who are the Administrators?
Lucy Winterborne, Kristopher Aspin and Alan Hudson of Ernst & Young LLP have been appointed as Joint Administrators.
Queries in respect of pre-appointment debts.
Any queries in this regard should be sent to GBF@uk.ey.com. A member of the Administrators’ team will then get in touch with you.
Will there be a distribution to creditors for their pre-appointment debts?
The Administrators are responsible for dealing with all pre-appointment balances. Any queries in this regard should be sent to GBF@uk.ey.com. A member of the Administrators’ team will then get in touch with you.
Any media enquiries.
Please direct any media enquiries to Seetle Dool at Seetle.Dool@uk.ey.com
The affairs, business and property of the Company are being managed by the Joint Administrators, Lucy Winterborne, Kris Aspin and Alan Hudson, who act as agents of the Company only and without personal liability.
Lucy Winterborne and Alan Hudson are licensed in the United Kingdom to act as insolvency practitioners, by The Insolvency Practitioners Association. Kris Aspin is licensed in the United Kingdom to act as an insolvency practitioner by The Institute of Chartered Accountants of Scotland.
The Joint Administrators may act as data controllers of personal data as defined by the UK General Data Protection Regulation (as incorporated in the Data Protection Act 2018), depending upon the specific processing activities undertaken. Ernst & Young LLP and/or the Company may act as a data processor on the instructions of the Joint Administrators. Personal data will be kept secure and processed only for matters relating to the Joint Administrators’ appointment. The Office Holder Data Privacy Notice can be found at www.ey.com/uk/officeholderprivacy.
