F (Realisations) 2023 Limited (previously known as Flowline) - administration

F (Realisations) 2023 Limited (previously known as Flowline), an Essex-based drainage specialist, entered administration on 5 May. Immediately following their appointment, Joint Administrators Jane Steer, Toby Banfield and Zelf Hussain of PwC completed the sale of predominantly all of the company’s business and assets to FM Conway Limited, saving all 164 jobs. Igf Business Credit Limited has a registered charge against the company, while Bgf Investments LP has two.