# LIP Sync Post Limited (03004971)

> Why UK company 03004971 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/03004971

- **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.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/03004971/filing-history/MzQ3MjM3MzM2MmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/03004971

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