# Found FY Limited (15527189)

> Why UK company 15527189 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/15527189

- **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- Funding withdrawn / unable to refinance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)

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/15527189/filing-history/MzQ1NzY3MjcwNmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/15527189

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