UK power agency enters administration after £5.4m loss as employees made redundant

GivEnergy Ltd, one of the UK’s largest battery storage manufacturers, has ceased trading and made all staff redundant after entering administration

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One of Britain’s biggest manufacturers of battery storage systems has entered administration (stock)(Image: Getty)

One of Britain’s biggest manufacturers of battery storage systems has collapsed into administration. GivEnergy Ltd appointed administrator Christopher Brooksbank of CB Business Recover on April 9 in the High Court Of Justice, Business and Property Courts in Leeds, according to the London Gazette, the UK’s official public record.

The firm has stopped trading and made all of its workforce redundant.

GivEnergy will no longer honour hardware warranties or maintain user and software support. The business designs and produces energy storage systems utilised by homes and companies in the UK and globally with its products being distributed across Europe, Australia and South Africa.

As reported by Daily Focus – Staffordshire Business News, Chris Brooksbank of CB Business Recovery said in a statement: “GivEnergy Ltd (“the Company”) entered Administration on 9 April 2026 and I was appointed as Administrator.

“Following my appointment, all stakeholders should note that the Company has ceased to trade and all its employees have been made redundant. As a consequence, no further goods or services should be provided to the Company.”

The accounts for GivEnergy Ltd for the year 31 December 2024 filed at Companies House in December 2025 reveal a loss after tax of approximately £5.4million compared with a £4.8million profit in the previous year, reports the Express.

The documents also show the enterprise held merely £41,470 in cash at the bank despite producing £50.3 million in revenue over the period.

Commenting on the results, the report stated: “The Company experienced strong demand in the first half of the year as VAT exemption came into effect from February 1.

“The company could not capitalise on the continued increase in demand second half of the year due to poor leadership and strategic decision of then CEO, who did not react to the threats posed by significant reductions in price of products from foreign competitors. Also there is a lack of governance from then Finance Director.”

GivEnergy Ltd is part of a broader trading group, and Brooksbank has not been appointed over several related legal entities, according to Insider Media.

These include ivenergy Group Limited, Givenergy Commercial Limited, Givenergy Australia PTY Ltd, Giveducation Limited, Givenergy Software Limited, Givenergy Property Limited, and Satori Education Limited.

The Energy Storage Association (ESA) has published a useful set of frequently asked questions for UK customers, highlighting that the GivEnergy entity responsible for running operational systems is a separate company and is not in administration.

It wrote: “This advice is prepared in response that GivEnergy Ltd (Company number 11571089) has entered into admistration. GivEnergy LTD is part of GivEnergy Group Ltd (Company number 14404895) which contains other subsidiary companies which are currently trading. It is currently unknown how the other GivEnergy Group companies will continue to operate and therefore advise may change depending on new information about these parts of the Group.”

Midsummer Energy, one of the UK’s largest wholesalers and one of GivEnergy’s distribution partners has also released a statement following GivEnergy entering administration.

The statement reads: “We wish to inform our customers and partners that GivEnergy Ltd has filed a Notice of Intention to Appoint an Administrator, a formal step in the UK insolvency process that typically precedes entry into administration.

“This development means we have serious doubts that GivEnergy will be able to continue honouring warranties or providing ongoing technical support, firmware updates, or spare parts for their products. As a result, we have de-listed GivEnergy products from our portfolio with immediate effect.

“We currently hold a limited quantity of remaining stock, which is available upon request to support any immediate or essential customer requirements. GivEnergy has been one of the most significant players in the UK battery storage market over recent years, and their situation is a serious setback for the industry as a whole.

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“We remain fully committed to our customers and are working with other wholesalers, distributors, and industry stakeholders to help maintain consumer confidence and support installers and end users with existing GivEnergy installations wherever possible. We will provide further updates as the situation develops, and if you have any questions or would like to discuss alternative solutions, please get in touch.”

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