Genepool Distribution Limited (05109201): administration
- Status
- Administration ended
- Administration began
- 2020-02-06
- Administrators
- Daniel Allen
- Administrators' firm
- Insolvency
- Incorporated
- 2004-04-22
- Location
- Rochester
- Industry
- 96090 Other service activities n.e.c.
Why it went into administration
- Cash flow / liquidity pressure
- Creditor pressure / legal action
From the administrators' statement
The Company was incorporated 22 April 2004 initially as a record label aimed at promoting breakthrough indie artists, utilising an established distribution network to access record retailers around the country.
A digital music become increasingly popular, the Company diversified its offering to include digital downloads and streaming.
The Company has helped promote the success of bands such as Hard-Fi, Newton Faulkner and Wolf Alice, all of which went on to sign with major labels.
Administrators' statement of proposals (2020-02-17) · Companies House register