Hub Controls Ltd, which installed the "Hub Controller" system in 12,000 homes, is insolvent and unable to pay its debts, the court heard. Another home heating controls firm, Climote, was wound up last December. Some 4,000 users pay for a subscription service and 6,000 are on the basic non-subscription service. Householders would have to call in an electrician to bypass the system and install a new device before the heating system could be used again, Hub Controls says. It was also proposed to raise fresh equity and to facilitate a fundraiser in the US, Hub Controls Global Inc was set up in Delaware.

Source: The Herald May 01, 2024 18:25 UTC