RENEWABLE power firm Daylight Vitality has entered liquidation. It has gone bust owing thousands and thousands and leaving prospects hundreds of kilos out of pocket.
Newest power firm to hit issues
Clients of Poole-based Daylight Vitality say they’ve misplaced massive sums of cash in deposit funds after the corporate “disappeared” with none communication.
In response to documentation seen by the Every day Echo, Daylight Vitality is ready to nominate insolvency practitioners Verulam Advisory as joint liquidators with a choice set to be made on Might 3.
The paperwork reveal how the enterprise owes a complete of greater than £1million to almost 400 prospects who paid deposits.
Clients issued courtroom proceedings
Based in 2014 by David Humphriss, the power firm specialised in renewable power methods for houses together with photo voltaic panels, air supply warmth pumps and foam insulation.
Nevertheless, in round December final yr, prospects started noting an absence of communication from the agency and, upon starting proceedings to get deposits again, obtained no response.
In latest months, Daylight Vitality has obtained a slew of scathing evaluations on the web site Trustpilot. One man mentioned his order was cancelled with no signal of his £2,000-plus deposit being repaid.
A lady mentioned: “I’m completely devastated about this. I’ve known as the financial institution and so they have mentioned there may be nothing they will do as a result of successfully I’ve paid them money in hand. I can’t consider that is occurring.”
One other dubbed the corporate ‘Daylight Theft Restricted’.
Clients who paid their deposits with a bank card have been urged to contact suppliers and make a declare beneath Part 75 of the Client Credit score Act. Some have reportedly obtained refunds in full.
Others, nevertheless, haven’t. New Forest resident Richard Austin advised the Echo he has misplaced £4,326 after placing down a deposit for photo voltaic batteries at his dwelling.
“Each time I spoke to them, I felt one thing wasn’t proper as they saved fobbing me off,” he mentioned.
“I paid by financial institution switch so I don’t have any means of getting the cash again. They’ve principally disappeared.
“I really feel very upset that somebody might do that to me and I don’t perceive how a enterprise in such a booming market can find yourself like this.”
Report blamed covid
Within the report, the Covid pandemic was blamed for severely hampering commerce. It mentioned: “As a customer-facing enterprise, the corporate needed to stop buying and selling for that interval which had a huge impact on turnover for that and the next years.”
Staffing points and Mr Humphriss’ in poor health well being have been additionally cited.
The report seen by the Every day Echo additionally acknowledged the power firm owes £74,777 in company tax on account of HMRC. There are 14 staff with claims for discover and redundancy pay totalling £14,707.
Additionally, there are 397 prospects who’ve paid deposits totalling £1,014,427 – that are all thought of unsecured.
On its web site, Daylight Vitality says it’s an Impartial Guarantee Affiliation (IWA) authorised provider. It says: “This permits us to supply our prospects assure insurance coverage, in case the corporate ought to ease buying and selling, and deposit safety for as much as 25 per cent of the contracted dwelling enchancment works.”
Daylight Vitality have been approached for remark by the Every day Echo however has not but responded on the time of this story’s publication.