OS Realisations 2016 Limited (02410150): administration
- Status
- Administration ended
- Administration began
- 2016-12-16
- Administrators
- Michael Stephen Elliot Solomons, Andrew James Pear
- Administrators' firm
- Moorfields
- Formerly
- On Sight Limited; On Site Limited
- Incorporated
- 1989-08-01
- Location
- London
- Industry
- 59111 Motion picture production activities
Why it went into administration
- Property / lease costs
- Sustained trading losses
From the administrators' statement
The Company was incorporated in August 1989 and traded as a facilities company for the film and televiston industry providing rental and post production-faciitves with pnncipally two divisions’- laboratory and post production, and camera hire.
The Company developed a focus on the 3D market at a time when broadcasters and equipment manufacturers were also investing heavily, and as a consequence suffered a significant reduction in turnover in the second half of 2015 when the television industry ceased producing 3D content. As a result the Group’s banker withdrew
support in December 2015.
Administrators' statement of proposals (2017-01-25) · Companies House register