# Metropolis Group Limited (01870796)

> Why UK company 01870796 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/01870796

- **Status:** Administration ended
- **Administration began:** 2013-05-31
- **Administrators' firm:** MHA
- **Formerly:** Metropolis Studios Limited; Civis Limited
- **Incorporated:** 1984-12-11
- **Location:** London
- **Industry:** 59200 Sound recording and music publishing activities

## Why it went into administration

- HMRC / tax arrears
- Creditor pressure / legal action
- Competition / price pressure
- Funding withdrawn / unable to refinance
- Property / lease costs
- Sustained trading losses

## From the administrators' statement

Metropolis Group Limited was incorporated on 11 December 1984 and operated from trading premises in Chiswick, West London The Company traded in the media industry from a converted tram power station known as The Power House providing sound recording facilities and music publishing and associated services for global blue chip and independent media production companies and musicians

The Company was acquired by new owners in late 2011, when it was purchased by Metropolis London Music Limited and entered into a sale and leaseback of The Power House property which meant that it was able to clear all debt and borrowings outstanding at the date of acquisition

The Company has built a strong reputation in the media industry and ts well regarded by customers according to its directors Its client list includes well known media companies

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/01870796/filing-history/MzA4MjUwMzE1NmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/01870796

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.
