Is Raft Limited in administration?
Last verified 5 June 2026
Yes, Raft Limited (company number 03708844) entered administration on 23 July 2025. Chris Newell of Quantuma Advisory Limited was appointed as administrator.
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Raft Limited 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 | 03708844 |
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| Incorporated | 5 February 1999 (27 years old) |
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| Registered office | 1st Floor, 21 Station Road, Watford, Herts, WD17 1AP |
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| Nature of business (SIC) | 47599: Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store (Retail) |
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| Date entered administration | 23 July 2025 |
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| Administrator | Chris Newell, Quantuma Advisory Limited (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
Raft Limited is a retail business based in Watford, incorporated in 1999 and 26 years old when the administrator was appointed. Its registered activity is retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store (SIC 47599). There have been 7 director appointments since incorporation, of which 3 were on the board when the administrator was appointed, alongside 2 people with significant control. 4 charges have been registered against the company, 2 of which are still outstanding.
Statement of Affairs
No Statement of Affairs is on record for this company. The 75-day filing window has passed without a Statement of Affairs being filed.
Directors
7 people have been appointed as directors of Raft Limited.
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 Michael Quinn
individual person with significant control · British · England
Ownership of shares 25-50%
Mr Heinz Frye
individual person with significant control · German · England
Ownership of shares 25-50%
Charges register
Secured creditors and encumbrances against the company. 2 outstanding · 2 satisfied.
Status · Creditor · Type · Dates
OutstandingAllica Bank Limited
A registered charge · Created 12 May 2023 · Pending
SatisfiedGreat Capital Partnership (G.P.) Limited and Great Capital Property Limited
Rent deposit deed · Created 12 May 2008 · Satisfied 5 May 2023
OutstandingAib Group (UK) PLC
Mortgage debenture · Created 24 Apr 2008 · Pending
SatisfiedFairzone Limited
Rent deposit deed · Created 2 Aug 2002 · Satisfied 5 May 2023
What happened
EventDateType
Administrator's progress report18 February 2026AM10 Notice of deemed approval of proposals7 October 2025AM06
Statement of administrator's proposal8 September 2025AM03 Registered office address changed23 July 2025AD01 Appointment of an administrator23 July 2025AM01 +79 earlier events · 1999 to 2025
Registered office address changed22 July 2025AD01 Confirmation statement made with updates11 March 2025CS01 Total exemption full accounts made up24 June 2024AA Confirmation statement made with updates30 April 2024CS01 Total exemption full accounts made up9 August 2023AA Registration of charge , created15 May 2023MR01 Satisfaction of charge in full5 May 2023MR04 Satisfaction of charge in full5 May 2023MR04 Confirmation statement made with updates6 March 2023CS01 Total exemption full accounts made up17 July 2022AA Confirmation statement made with updates7 March 2022CS01 Total exemption full accounts made up23 November 2021AA Confirmation statement made with updates7 March 2021CS01 Total exemption full accounts made up21 October 2020AA Confirmation statement made with updates12 March 2020CS01 Total exemption full accounts made up10 December 2019AA Confirmation statement made with updates23 April 2019CS01 Registered office address changed18 February 2019AD01 Total exemption full accounts made up6 December 2018AA Confirmation statement made with updates22 August 2018CS01 Confirmation statement made with no updates13 February 2018CS01 Total exemption full accounts made up14 December 2017AA Confirmation statement made with updates14 February 2017CS01 Total exemption small company accounts made up30 November 2016AA Annual return made up with full list of shareholders10 February 2016AR01 Total exemption small company accounts made up16 December 2015AA Registered office address changed29 April 2015AD01 Annual return made up with full list of shareholders16 February 2015AR01 Total exemption small company accounts made up5 December 2014AA Annual return made up with full list of shareholders11 February 2014AR01 Total exemption small company accounts made up16 December 2013AA Annual return made up with full list of shareholders12 February 2013AR01 Secretary's details changed12 February 2013CH03 Total exemption small company accounts made up16 November 2012AA Annual return made up with full list of shareholders20 February 2012AR01 Total exemption small company accounts made up28 November 2011AA Statement of capital following an allotment of shares30 March 2011SH01 Annual return made up with full list of shareholders16 February 2011AR01 Total exemption full accounts made up8 June 2010AA Annual return made up with full list of shareholders9 February 2010AR01 Director's details changed9 February 2010CH01 Director's details changed9 February 2010CH01 Total exemption full accounts made up6 August 2009AA Legacy10 February 2009363a Total exemption full accounts made up3 September 2008AA Legacy28 February 2008363s Total exemption full accounts made up25 September 2007AA Total exemption full accounts made up2 November 2006AA Legacy20 February 2006363s Total exemption full accounts made up17 November 2005AA Legacy23 February 2005363s Total exemption full accounts made up1 December 2004AA Legacy4 February 2004363s Legacy11 December 2003288c Full accounts made up24 November 2003AA Legacy19 February 2003363s Total exemption full accounts made up15 January 2003AA Legacy19 November 2002288a Total exemption full accounts made up15 November 2001AA Legacy28 February 2001363s Legacy20 February 2001288a Full accounts made up10 July 2000AA Incorporation5 February 1999NEWINC What this means for you
If you are a creditor
Contact the administrator (Quantuma Advisory 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
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See how Protect works, £24/mo →Other retail companies in administration
Related guides
The bigger picture
Frequently asked questions
- Is Raft Limited in administration?
- Yes. Raft Limited (company number 03708844) entered administration on 23 July 2025. Chris Newell of Quantuma Advisory Limited was appointed as administrator.
- Who is the administrator of Raft Limited?
- Chris Newell, a licensed insolvency practitioner at Quantuma Advisory Limited, was appointed administrator of Raft Limited on 23 July 2025. Creditors can contact the administrator directly to submit a claim.
- What does Raft Limited do?
- Raft Limited's registered nature of business is retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store (SIC 47599). It is classified in the retail sector.
- Where is Raft Limited based?
- Raft Limited's registered office is 1st Floor, 21 Station Road, Watford, Herts, WD17 1AP. The registered office is the address held on the public register, which is not always the trading address.
- When was Raft Limited founded?
- Raft Limited was incorporated on 5 February 1999, 26 years before the administrator was appointed.
- What is Raft Limited's company number?
- Raft Limited's registered company number is 03708844.
- Who has significant control of Raft Limited?
- 2 active people with significant control over Raft Limited are on the register: Mr Michael Quinn, Mr Heinz Frye.
- Does Raft Limited have any outstanding charges?
- 2 outstanding charges are registered against Raft Limited out of 4 on file. Outstanding charges represent secured creditors who rank ahead of unsecured creditors in any recovery.
- Are jobs at Raft Limited 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 (Quantuma Advisory 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 Raft Limited?
- 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 Raft Limited go into administration?
- Raft Limited went into administration on 23 July 2025.
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