Is Foamlife Ltd in administration?
Last verified 23 June 2026
Yes, Foamlife Ltd (company number 12588558) entered administration on 23 March 2026. Marco Piacquadio of FTS Recovery Limited was appointed as administrator.
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Foamlife Ltd is now under the control of an administrator. Below are the key dates, the directors, the public-record timeline that led here, and what the administration means if you are a creditor, employee, customer or supplier.
Company at a glance
| Status | In Administration |
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| Company number | 12588558 |
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| Incorporated | 6 May 2020 (6 years old) |
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| Registered office | Ground Floor, Baird House Seebeck Place, Milton Keynes, MK5 8FR |
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| Nature of business (SIC) | 15200: Manufacture of footwear (Manufacturing) |
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| Date entered administration | 23 March 2026 |
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| Administrator | Marco Piacquadio, FTS Recovery Limited (licensed insolvency practitioner) |
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| Official notice | View the official notice ↗ |
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| Statement of Affairs | Filed 23 June 2026, declared assets & liabilities ↗ |
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| Public register | View filing history ↗ |
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About the business
Foamlife Ltd is a manufacturing business based in Milton Keynes, incorporated in 2020 and 6 years old when the administrator was appointed. Its registered activity is manufacture of footwear (SIC 15200). There have been 4 director appointments since incorporation, of which 2 were on the board when the administrator was appointed, alongside 2 people with significant control.
Directors
4 people have been appointed as directors of Foamlife Ltd.
DirectorStatusAppointedResigned
A director resignation shortly before an insolvency is a matter of public record; it does not by itself imply wrongdoing.
Persons with significant control
Individuals or entities with significant influence or control.
Mr Karl Anthony Read
individual person with significant control · British · England
Ownership of shares 25-50%Voting rights 25-50%
Since 6 May 2020Mr Timo Mullen
individual person with significant control · British · England
Ownership of shares 25-50%Voting rights 25-50%
Since 6 May 2020
1 ceased control
- Mr Daniel Macaulay · ceased 8 May 2022
What happened
EventDateType
Statement of affairs with form AM02SOA23 June 2026AM02 Notice of deemed approval of proposals17 April 2026AM06
Statement of administrator's proposal23 March 2026AM03 Appointment of an administrator23 March 2026AM01 Registered office address changed from 145 Commercial Road Poole Dorset BH14 0JD England to Ground Floor, Baird House Seebeck Place Knowlhill Milton Keynes MK5 8FR on 2026-03-2323 March 2026AD01 +36 earlier events · 2020 to 2026
Termination of appointment of Susanna Stewart Mullen as a director on 2026-03-1218 March 2026TM01 Appointment of Mrs Susanna Stewart Mullen as a director on 2026-03-1010 March 2026AP01 Confirmation statement made on 2026-01-26 with updates9 February 2026CS01 Amended total exemption full accounts made up to 2024-12-313 January 2026AAMD Total exemption full accounts made up to 2024-12-3130 September 2025AA Confirmation statement made on 2025-01-26 with updates10 February 2025CS01 Total exemption full accounts made up to 2023-12-3115 November 2024AA Registered office address changed from Unit 8a Turks Lane Poole BH14 8EW England to 145 Commercial Road Poole Dorset BH14 0JD on 2024-11-1414 November 2024AD01 Second filing of a statement of capital following an allotment of shares on 2023-03-145 November 2024RP04SH01 Confirmation statement made on 2024-01-26 with updates22 February 2024CS01 Total exemption full accounts made up to 2022-12-3119 December 2023AA Change of share class name or designation28 March 2023SH08 Statement of capital following an allotment of shares on 2023-03-1423 March 2023SH01 Confirmation statement made on 2023-01-26 with updates26 January 2023CS01 Total exemption full accounts made up to 2021-12-3120 December 2022AA Confirmation statement made on 2022-05-05 with no updates9 June 2022CS01 Termination of appointment of Daniel Macaulay as a director on 2022-05-0824 May 2022TM01 Cessation of Daniel Macaulay as a person with significant control on 2022-05-0824 May 2022PSC07 Current accounting period extended from 2021-09-30 to 2021-12-3111 November 2021AA01 Accounts for a dormant company made up to 2020-09-3010 November 2021AA Current accounting period shortened from 2021-05-31 to 2020-09-3010 November 2021AA01 Confirmation statement made on 2021-05-05 with updates11 May 2021CS01 Registered office address changed from Greenacre Goodwood Gardens Runcton Chichester PO20 1SP England to Unit 8a Turks Lane Poole BH14 8EW on 2021-02-2424 February 2021AD01 Change of share class name or designation7 January 2021SH08 Memorandum and Articles of Association7 January 2021MA Statement of capital following an allotment of shares on 2021-01-056 January 2021SH01 Sub-division of shares on 2020-12-0922 December 2020SH02 Change of share class name or designation21 December 2020SH08 Statement of capital following an allotment of shares on 2020-12-1516 December 2020SH01 Statement of capital following an allotment of shares on 2020-12-0914 December 2020SH01 What this means for you
If you are a creditor
Contact the administrator (FTS Recovery Limited) to register your claim. You cannot start or continue legal action against the company without the court's or administrator's permission. Unsecured creditors are typically paid last.
A creditor's checklist →If you are an employee
Employees are preferential creditors for certain unpaid wages and holiday pay, and may be able to claim from the Redundancy Payments Service if roles are made redundant.
Employee rights and redundancy pay →If you are a customer
Orders, deposits and warranties may be affected. Deposits paid are usually unsecured claims. Contact the administrator about outstanding work or refunds.
What customers can recover →If you are a supplier
Goods supplied before the appointment are an unsecured claim. Check whether any retention-of-title clause applies to goods you can identify and recover.
How retention of title works →Don't be the last to know next time
Most suppliers only find out a customer has failed once it is announced. By then it is too late. Protect monitors every company you sell to and emails you as the warning signs build, well before it becomes official. We can't stop a customer failing, but you'll never be the last to know, and you'll know you did all you could.
See how Protect works, £24/mo →Other manufacturing companies in administration
Related guides
The bigger picture
Frequently asked questions
- Is Foamlife Ltd in administration?
- Yes. Foamlife Ltd (company number 12588558) entered administration on 23 March 2026. Marco Piacquadio of FTS Recovery Limited was appointed as administrator.
- Who is the administrator of Foamlife Ltd?
- Marco Piacquadio, a licensed insolvency practitioner at FTS Recovery Limited, was appointed administrator of Foamlife Ltd on 23 March 2026. Creditors can contact the administrator directly to submit a claim.
- What does Foamlife Ltd do?
- Foamlife Ltd's registered nature of business is manufacture of footwear (SIC 15200). It is classified in the manufacturing sector.
- Where is Foamlife Ltd based?
- Foamlife Ltd's registered office is Ground Floor, Baird House Seebeck Place, Milton Keynes, MK5 8FR. The registered office is the address held on the public register, which is not always the trading address.
- When was Foamlife Ltd founded?
- Foamlife Ltd was incorporated on 6 May 2020, 6 years before the administrator was appointed.
- What is Foamlife Ltd's company number?
- Foamlife Ltd's registered company number is 12588558.
- Who has significant control of Foamlife Ltd?
- 2 active people with significant control over Foamlife Ltd are on the register: Mr Karl Anthony Read, Mr Timo Mullen.
- Are jobs at Foamlife Ltd at risk?
- When a company enters administration the administrator decides whether to continue trading, sell the business as a going concern, or wind it down. Employees can contact the administrator (FTS Recovery Limited) for any update on their role, and may be able to claim from the Redundancy Payments Service if their job is made redundant.
- What does administration mean for creditors of Foamlife Ltd?
- Administration is a formal insolvency process that gives a company protection from creditors while an administrator tries to rescue it or achieve a better result than liquidation. Creditors cannot start or continue legal action without permission. Unsecured creditors are usually paid last, often only a portion of what they are owed, if anything.
- When did Foamlife Ltd go into administration?
- Foamlife Ltd went into administration on 23 March 2026.
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