Imagestate Media Limited (02062157): administration
- Status
- Administration ended
- Administration began
- 2012-01-20
- Administrators
- Simon Harris, Cameron Gunn, Mark Supperstone
- Administrators' firm
- ReSolve
- Formerly
- Heritage Partners Limited; Global Media Limited
- Incorporated
- 1986-10-07
- Location
- London
- Industry
- 7487
Why it went into administration
- Cash flow / liquidity pressure
- Sustained trading losses
From the administrators' statement
iM was founded by the director in 1986 as a holding company and held a 100 per cent shareholding in IMP
The business of IMP was founded by tts director in 2000 and tt was one of the leading suppliers of rights-managed imagery available online
IMP operated via a website whereby clients were able to browse and search a catalogue of images available in the IMP library Images would then be made available for the client to download which enabied a simple and quick method of purchasing images
Administrators' statement of proposals (2012-03-12) · Companies House register