LIP Sync Post Limited (03004971): administration
- Status
- In administration
- Administration began
- 2025-05-15
- Administrators
- Carrie James, Nicholas Parsk
- Administrators' firm
- FRP Advisory
- Formerly
- The Cutting Crew Limited
- Incorporated
- 1994-12-23
- Location
- Slough
- Industry
- 59120 Motion picture, video and television programme post-production activities
Why it went into administration
- Competition / price pressure
From the administrators' statement
The directors advised that the Company had become insolvent due to a combination of the following factors:
• Areduction in the Company's revenue, from ~£46m in year-end July 2024, to a forecast ~£10m for year-ending July 2025.
• The general decline in the Film & TV industry over the past few years resulting in more distressed competitors and a decline in the production of new content.
Administrators' statement of proposals (2025-07-09) · Companies House register