In 1914, Claridge's Company entered into a joint venture to produce tar-bound macadam, with materials manufactured through a subsidiary company called <answer>Clarmac Roads Ltd</answer>. Two products resulted, namely Clarmac, and Clarphalte, with the former being manufactured by Clarmac Roads and the latter by Claridge's Patent Asphalte Co., although Clarmac was more widely used.[note 1] However, the First World War impacted financially on the Clarmac Company, which entered into liquidation in 1915. The failure of <answer>Clarmac Roads Ltd</answer> had a flow-on effect to Claridge's Company, which was itself compulsorily wound up, ceasing operations in 1917, having invested a substantial amount of funds into the new venture, both at the outset, and in a subsequent attempt to save the Clarmac Company.
What was the subsidiary company that lead Claridge into ruin?
Clarmac Roads Ltd