FTTX Limited (07287896): administration
- Status
- Administration ended
- Administration began
- 2012-05-25
- Administrators
- Allan Watson Graham, Colin Michael Trevethyn Haig, Paul Andrew Flint
- Administrators' firm
- KPMG
- Formerly
- FOX HAT UK Limited
- Incorporated
- 2010-06-17
- Location
- Manchester
- Industry
- 2875
Why it went into administration
- Funding withdrawn / unable to refinance
- Sustained trading losses
From the administrators' statement
FTTX was incorporated on 17 June 2010.
FTTX operated as a distributor of fibre-optic cabling products, which were sourced in the Far East and are used in providing broadband infrastructure solutions FITX traded under the banner of “B3 Future Technologies”, which had a presence in both Sweden and Germany. FITX services the Swedish market whereas the German operation traded via a separate entity registered in Germany, namely B3 Future Technologies GmbH and which 1s subject to insolvency proceedings 1n that country
FTTX is a direct subsidiary of B3 Future Technologies Holdings Limited, which 1s itself a wholly owned subsidiary of B3 Industries Limited (“B3”)
Administrators' statement of proposals (2012-07-24) · Companies House register