Crossword Genius

As if failed, company in state of disorder (6)

Ross

I believe the answer is:

fiasco

'state of disorder' is the definition.
(a fiasco is a disaster or mess)

'as if failed company' is the wordplay.
'failed' indicates an anagram.
'company' becomes 'co' (abbreviation).
'as'+'if'='asif'
'asif' is an anagram of 'fias'.
'fias'+'co'='FIASCO'

'in' is the link.

(Other definitions for fiasco that I've seen before include "Abject failure" , "Debacle, a right mess" , "Humiliating disaster" , "A hopeless mess or ludicrous failure" , "A ludicrous failure, a shambles" .)

I've seen this clue in The Times.
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