A business selling renewable energy equipment has been shut down after an investigation found it owed almost £60,000 to customers over unfulfilled orders.
Renugen Limited, last registered in Canterbury, sold renewable energy products online, ranging from £50 batteries to £350,000 wind turbines.
However, it was found an outstanding amount of £59,305 was owed to dozens of customers who had requested refunds after not having their goods delivered.
A trial in the High Court in London last week led to the company being wound up, with Insolvency Service chiefs accusing the firm of “not acting as a reputable business”.
Mark George, chief investigator for the service, said: “We saw a pattern of undelivered products and a lack of refunds to customers, as well as little or no communication with online buyers and evidence of recent trading.
“As such, we believe it was in the best interest of the public to shut down this company and ensure any future potential customers don’t suffer the same outcome.”
The Insolvency Service identified 34 customers who had paid £74,570 for products that were not delivered, and discovered only £15,265 has been refunded.
Many were unable to contact the company and attempted to force legal action through the county courts in order to claim their refunds.
Accounts filed by Renugen Limited between 2021 and 2023 suggested there had been no trading during this time.
The company was set up in Sevenoaks in 2019 before moving an address in William Street, Herne Bay three years later.
It was registered as operating from Burgate in Canterbury from January 2024.
Records on Companies House show the first compulsory strike-off notice was issued in October, before proceedings concluded last month.
However, the company had an active website, and recent complaints from customers about their orders on Trustpilot were also discovered.
Furthermore, it was revealed the company had six business accounts – with two being shut down by the banks after being identified as possible scams.
The firm made 38 crypto asset transactions – unrelated to renewable energy products – from their business accounts, totalling more than £48,000.
Officers said there had been no explanation provided for these during the investigation.
