# FF Realisations PLC (12278361)

> Why UK company 12278361 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/12278361

- **Status:** Administration ended
- **Administration began:** 2024-01-30
- **Administrators:** Ian Partridge, Clare Kennedy, Alastair Paul Beveridge
- **Administrators' firm:** AlixPartners
- **Formerly:** Farfetch Holdings PLC; Hulk Finco PLC
- **Incorporated:** 2019-10-23
- **Location:** Manchester
- **Industry:** 82990 Other business support service activities n.e.c.

## Why it went into administration

- Sustained trading losses
- Cash flow / liquidity pressure
- Management failings / irregularities
- Parent or group failure

## From the administrators' statement

4.1 Please note: this is a summarised version of the background to the Administration; greater detail is provided in the SIP16 Report at Appendix H.

The Farfetch Group

4.2 The Group operates a global platform for the luxury fashion industry offering an e-commerce marketplace for well-known luxury boutiques around the world. In addition, it offers platform solutions to enable customers to run their own web sales platforms and undertakes the logistics thereof.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/12278361/filing-history/MzQxMDA3MDkyN2FkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/12278361

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