Found FY Limited (15527189): administration
- Status
- Administration ended
- Administration began
- 2025-02-28
- Administrators
- Lee Van Lockwood, Gareth Harris
- Administrators' firm
- RSM
- Incorporated
- 2024-02-27
- Location
- Leeds
- Industry
- 47990 Other retail sale not in stores, stalls or markets
Why it went into administration
- Funding withdrawn / unable to refinance
- Sustained trading losses
From the administrators' statement
Relevant extracts from the Company’s draft financial statements and management accounts are summarised below:
000’s Period ended Sept 24 Oct 24 Nov 24 GMV 222 157 256 Cost of sales (43) (36) (58) Operating loss after costs (78) (71) (72) Net profit (123) (101) (78) EBITDA (78) (72) (71)
Administrators' statement of proposals (2025-03-13) · Companies House register