# FTS Merit Limited (13073315)

> Why UK company 13073315 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/13073315

- **Status:** Administration ended
- **Administration began:** 2024-07-04
- **Administrators:** Rebecca Jane Dacre, Kyle Ashford
- **Administrators' firm:** Mazars
- **Formerly:** Connaught Interior Services Limited
- **Incorporated:** 2020-12-09
- **Location:** Milton Keynes
- **Industry:** 43290 Other construction installation

## Why it went into administration

- Creditor pressure / legal action
- Cash flow / liquidity pressure
- HMRC / tax arrears
- Loss of a key customer, supplier or contract
- Loss-making contracts / project overruns
- Weather / natural events

## From the administrators' statement

Details provided in this section of our report have been taken from publicly-available information and an account provided by the directors.

The Company was incorporated on 9 December 2020 under the name Connaught Interior Services Limited and traded under this name until 5 April 2022. The Company was set up to carry out office fit-out works alongside a sister company Connaught, under the ownership of Ramm Holdings Limited.

Initially the Company was funded with support from Connaught and its banking facilities and support from the directors. It generated a net profit of £15k in its first period of trading to 30 June 2021.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/13073315/filing-history/MzQzMDM2MzQyMWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/13073315

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