# FTSL Realisations Limited (06912855)

> Why UK company 06912855 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/06912855

- **Status:** Administration ended
- **Administration began:** 2024-09-12
- **Administrators:** Christopher Robert Pole, Ryan Kevin Grant
- **Administrators' firm:** Interpath Advisory
- **Formerly:** Fablink Tank Systems Limited; Cobco 903 Limited
- **Incorporated:** 2009-05-21
- **Location:** Birmingham
- **Industry:** 25990 Manufacture of other fabricated metal products n.e.c.

## Why it went into administration

- Cash flow / liquidity pressure
- Loss of a key customer, supplier or contract
- Rising costs / inflation
- Funding withdrawn / unable to refinance
- Bad debts / customer insolvency
- Competition / price pressure

## From the administrators' statement

The Company was incorporated in May 2009 and specialises in the manufacture of hydraulic and fuel tanks, cabs and chassis

FTSL employs 149 employees and operates from two leasehold properties in County Durham.

3.2 Funding and financial position of the Company

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/06912855/filing-history/MzQzNzUyNTU5NGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/06912855

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.