Tue, 14 Apr 2026 | ADMINISTRATION
Administrators are seeking to optimise value from the assets of a major electric vehicle (EV) charging provider following its collapse earlier this month. EO Charging, which was established more than a decade ago, fell into administration as a result of liquidity challenges and a failed sale process.
UK-based EO Charging provided EV charging infrastructure and software, along with associated 24/7 repair and incident support services. The company’s customers included supermarkets and large commercial fleet operators.
Over recent years, the company said it had faced challenging trading conditions, resulting in it becoming loss-making, following an international expansion into Italy, the US, Australia and New Zealand.
These factors led to the company scaling back to the UK during the second half of 2025 and refocusing on its cloud-based charge point management platform.
Despite shareholders providing additional funding and the company undertaking a successful fundraising round in autumn 2025, administrators said that liquidity challenges resurfaced. An accelerated M&A process was undertaken in January 2026, but no sale could be secured, meaning that the company had no viable options other than to enter administration.
Following the appointment of the administrators, 69 of EO Charging’s 93 staff were made redundant, with the remainder retained in the short term to assist in winding down the company’s operations.
One of the company’s joint administrators said: “The administrators are looking to assist customers in smoothly transitioning to alternative suppliers with the support of the remaining employees, before winding down the company in an orderly manner and seeking to optimise the value of its assets.”
In accounts for the year to December 31 2024, Juuce Limited (trading as EO Charging), reported revenue of around £29.8 million, up from £16.3 million a year earlier, but fell from an operating profit of approximately £5.4 million to a loss of £15.8 million.
At the time, its non-current assets were valued at £5.8 million and current assets at £24.2 million, but net liabilities amounted to £21.8 million.
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