Is FTM Business Ltd in compulsory liquidation?
Last verified 9 July 2026
Yes, FTM Business Ltd (company number 16200290) entered compulsory liquidation on 1 July 2026, by order of the court. S Brindley of null was appointed as liquidator.
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FTM Business Ltd is now in compulsory liquidation. Below are the key dates, the directors, the public-record timeline that led here, and what the liquidation means if you are a creditor, employee, customer or supplier.
Company at a glance
| Status | In Compulsory Liquidation |
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| Company number | 16200290 |
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| Incorporated | 22 January 2025 (1 years old) |
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| Registered office | 4 Danvers Road, Leicester, LE3 2AD |
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| Nature of business (SIC) | 46190: Agents involved in the sale of a variety of goods (Retail) |
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| Date entered compulsory liquidation | 1 July 2026 |
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| Liquidator | S Brindley, null (licensed insolvency practitioner) |
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| Official notice | View the official notice ↗ |
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| Public register | View filing history ↗ |
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About the business
FTM Business Ltd is a retail business based in Leicester, incorporated in 2025 and 1 year old when the liquidator was appointed. Its registered activity is agents involved in the sale of a variety of goods (SIC 46190). There have been 3 director appointments since incorporation, of which 1 was on the board when the liquidator was appointed, alongside 1 person with significant control.
Directors
3 people have been appointed as directors of FTM Business 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 Shahed Ahmad
individual person with significant control · British · England
Ownership of shares 75-100%Voting rights 75-100%Right to appoint and remove directors
2 ceased controls
- Mr Frank Tendai Matowanyika · ceased 3 Mar 2025
- Mr Adil Rafikahmad Lambat · ceased 3 Mar 2026
What happened
EventDateType
Order of court to wind up15 July 2026COCOMP
Compulsory liquidationStatus1 July 2026
First Gazette notice for compulsory strike-off16 June 2026GAZ1 Appointment of Mr Shahed Ahmad as a director on 2026-04-0711 April 2026AP01 Notification of Shahed Ahmad as a person with significant control on 2026-04-0511 April 2026PSC01 +9 earlier events · 2025 to 2026
Termination of appointment of Adil Rafikahmad Lambat as a director on 2026-03-0311 April 2026TM01 Cessation of Adil Rafikahmad Lambat as a person with significant control on 2026-03-0311 April 2026PSC07 Registered office address changed from 44 Zion Road Blackburn BB1 5PX England to 4 Danvers Road Leicester LE3 2AD on 2026-04-1111 April 2026AD01 Confirmation statement made on 2025-03-25 with updates25 March 2025CS01 Registered office address changed from Oaktree House 408 Oakwood Lane Leeds LS8 3LG United Kingdom to 44 Zion Road Blackburn BB1 5PX on 2025-03-033 March 2025AD01 Notification of Adil Rafikahmad Lambat as a person with significant control on 2025-03-033 March 2025PSC01 Cessation of Frank Tendai Matowanyika as a person with significant control on 2025-03-033 March 2025PSC07 Appointment of Mr Adil Rafikahmad Lambat as a director on 2025-03-033 March 2025AP01 Termination of appointment of Frank Tendai Matowanyika as a director on 2025-03-033 March 2025TM01 Incorporation22 January 2025NEWINC What this means for you
If you are a creditor
Submit your proof of debt to the liquidator. Once liquidation begins, no creditor can start or continue legal action without the court's permission. Unsecured creditors rank after secured and preferential creditors and are usually paid last, often only a portion.
Owed money by a company in liquidation →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
Deposits paid are usually unsecured claims. Contracts may be terminated by the liquidator. Contact the liquidator about outstanding work or refunds.
What customers can recover →If you are a supplier
Goods supplied before the liquidation began are an unsecured claim. Check whether any retention-of-title clause lets you identify and recover specific goods.
How retention of title works →Don't be the last to know next time
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See how Protect works, £24/mo →Other retail companies in compulsory liquidation
Related guides
The bigger picture
Frequently asked questions
- Is FTM Business Ltd in compulsory liquidation?
- Yes. FTM Business Ltd (company number 16200290) entered compulsory liquidation on 1 July 2026, by order of the court. S Brindley of null was appointed as liquidator.
- Who is the liquidator of FTM Business Ltd?
- S Brindley, a licensed insolvency practitioner at null, was appointed liquidator of FTM Business Ltd on 1 July 2026. Creditors can contact the liquidator directly to submit a claim.
- What does FTM Business Ltd do?
- FTM Business Ltd's registered nature of business is agents involved in the sale of a variety of goods (SIC 46190). It is classified in the retail sector.
- Where is FTM Business Ltd based?
- FTM Business Ltd's registered office is 4 Danvers Road, Leicester, LE3 2AD. The registered office is the address held on the public register, which is not always the trading address.
- When was FTM Business Ltd founded?
- FTM Business Ltd was incorporated on 22 January 2025, 1 year before the liquidator was appointed.
- What is FTM Business Ltd's company number?
- FTM Business Ltd's registered company number is 16200290.
- Who has significant control of FTM Business Ltd?
- 1 active person with significant control over FTM Business Ltd is on the register: Mr Shahed Ahmad.
- What does liquidation mean for creditors of FTM Business Ltd?
- Liquidation is the formal wind-up of a company. Once it begins, the liquidator collects assets, settles claims in statutory order (secured, preferential, then unsecured) and distributes whatever remains. Unsecured creditors often recover only a portion of what they are owed, and sometimes nothing.
- How long does liquidation take?
- Most liquidations run for 12 to 24 months, longer where the company has complex assets, litigation, or ongoing trading. Annual progress reports are filed by the liquidator until the company is dissolved at the end of the process.
- Will creditors get paid in FTM Business Ltd's liquidation?
- Secured creditors are paid from the assets they hold a charge over. Preferential creditors (employee wages up to limits, pension contributions, HMRC for certain taxes) come next. Unsecured creditors share whatever remains, which may be nothing. The Statement of Affairs, when filed, sets out the liquidator's estimate at the point of appointment.
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