# FTL Realisations 2024 Limited (12180387)

> Why UK company 12180387 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/12180387

- **Status:** Administration ended
- **Administration began:** 2024-09-12
- **Administrators:** Christopher Robert Pole, Ryan Kevin Grant
- **Administrators' firm:** Interpath Advisory
- **Formerly:** Fablink Toolspec Limited
- **Incorporated:** 2019-08-29
- **Location:** Birmingham
- **Industry:** 25110 Manufacture of metal structures and parts of structures

## 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- Funding withdrawn / unable to refinance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 August 2019 and specialises in tubular assemblies for heavyweight equipment manufacturers

FTOOL employs 38 employees and operates from one leasehold property in Luton.

3.2 Funding and financial position of the Company

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/12180387/filing-history/MzQzNzUyNDkxMGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/12180387

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