The portal subscription will not change anything

8 comments started 2026-04-02 last 2026-04-03
GivEnergy Products
A
#1 Al E.Gator

For those saying they'll happily pay the portal subscription if it means the company survives, seriously need to think again. Reading Glassdoor and having had contact with GE employees it's completely doomed. We seriously need to be pushing for GE to open up installer portals to existing customers through GivTCP so the system can at least be maintained that way for example adding or removing broken inverters/batteries.

#2 26Left

Al E.Gator I share your view (pay to keep it alive) and concern (it won't be effective).

There's a classic venture capital / private equity playbook for distressed companies - prepack administration.
https://www.summitlawllp.co.uk/pre-pack-administration-legal-guide/#what-is-a-pre-pack-administration

A pre-pack administration is a formal insolvency process where a company arranges the sale of its business and assets to a buyer before formally entering administration.

This allows a new "pheonix" company to buy the assets (brand?, customer data, intellectual property e.g. software, etc.) for as low as £1 from the old company that is about to go into administration, and all liabilities are effectively expunged with the old co.

During pre-pack administration, the buyer acquires the assets but not the liabilities of the old company, meaning outstanding debts remain with the insolvent company.

A new investor would put in new capital into the new co (effiectively owning it all less any management incentives deemed necessary). Often the staff, HMRC etc. and any other unsecured creditors lose out when the administration of the old company is completed (paid in particular order of precedence from any remaining funds left after secured creditors are paid out - usally zero). Old co equity holders are also wiped out.

So warranties, ongoing support, firmware upgrades, "free forever" promises etc. would become worthless.

The new co would liekly offer new charging structures to legacy customers for these (portal, software updates, support, this forum? etc.) - and attempt to hire back / TUPE over any key employees necessary to the future sucess of the new streamlined operation.

Open question as to whether that means any future hardware support, sales or even parts... But where there's a will, there's usually a way, for a price the market will bear...

#3 26Left

Some more flavour on this from Companies House.

On the people side
https://find-and-update.company-information.service.gov.uk/company/11571089/officers

  • Only one director remains in office for GivEnergy Ltd at Companies House - Jason Peter OSLER. A recent special resolution was passed to allow the company to operate with a sole director.
  • The most recent resignation was Simon James TAYLOR in February 2026.

According to LinkedIn Talyor left the company and his role as Chief Commerical Officer this month (April 2026)
https://www.linkedin.com/in/simon-taylor-2a86b036/

Taylor is also a director of two companies formed in the last year or so:

  • Energy Storage (UK) Ltd. <- PR company with multiple directors - looks to be the legal entity for this: https://esa-uk.org/
  • Energy Storage Solutions Ltd. <- technical consultancy registered to same address as GE. Taylor is sole director. Potential "phoenix" new co?

Regarding debts - there are likely at least two outstanding lines of secured lending, given the registered charges - one to Natwest, adn another to RBS invoice finance (albeit these are part of the same financial group):
https://find-and-update.company-information.service.gov.uk/company/11571089/charges

Both are described thus, which makes them relatively broad in terms of a lenders claim on any residual assets:

  • Contains fixed charge.
  • Contains floating charge.
  • Floating charge covers all the property or undertaking of the company.
  • Contains negative pledge.

Other connected companies are GivEnergy Property Ltd - a property holding company which has a loan in place for £9M with GivEnergy Ltd. Osler is one of two directors, the other is Michael Anthony SPRIGGS.

Within the GivEnergy Property Ltd accounts there is also this reference:

The company has obtained a support letter from Shenzhen GivEnergy Co Ltd stating that it will continue to provide the necessary financial support for it to continue to trade for the forseeable future.

Shenzen GivEnergy Co Ltd appears to be the Chinese based manufacturer of the GivEnergy hardware. It's name adn address appears on various declarations / verifications e.g.
https://portal.segen.co.uk/reseller/docs/UKCA%20GZEM240700408201.pdf
https://www.hdmsolar.co.uk/api/productDocuments/warranties/PIN1533-1762338225841.pdf

More on the GE Corporate structure and history here from a longer look I took 18 months ago:
https://community.givenergy.cloud/d/5173-octopus-now-installing-enphase-rather-than-givenergy/50

R
#4 Roy124

Could the subscription service be for just one person to take over and run the server?

V
#5 Vestas

26Left The company has obtained a support letter from Shenzhen GivEnergy Co Ltd stating that it will continue to provide the necessary financial support for it to continue to trade for the forseeable future.

Clearly that's not the case or there wouldn't be loans from other companies which required changing the articles of association. I don't see why a Chinese company would be remotely interested in keeping a tiny, mismanaged (and dodgy) UK company afloat when they can't sell any of their product.

Edit - they'd probably support the Australian/South African "GivEnergy" companies, but they have zero to do with GE in the UK.

#6 26Left

Vestas The letter of support is for the UK property co, not the UK trading co...

M
#7 mrand31

I'm not convinced that Shenzen-GE, SA-GE and AUS-GE are really separate from UK-GE. Anyone got details of the relationships?

V
#8 Vestas

26Left Which is the company that gave the 8.4 million loan to GE. The same loan that GE will default on.

I'm sure the Chinese want to keep hold of the property,