Big Bang Post Production Limited (05128603): administration
- Status
- Administration ended
- Administration began
- 2016-03-16
- Incorporated
- 2004-05-14
- Location
- Bristol
- Industry
- 59120 Motion picture, video and television programme post-production activities
From the administrators' statement
Bishop Fleming LLP was initially approached at the end of November 2015 by the Director, to see if we could assist with an accelerated sale of the shares of the Company At that stage
the Company was struggling with a shortage of sales volumes and a cost base that was too high
A detailed summary of the background to the Administration is given in Appendix F — the Admmustrators’ Statement on Pre-packaged Sale (“the Statement”) This was a pre-packaged sale, effected once it became clear that an accelerated sale of the Company's shares could not be achieved As reported in the Statement, the pre-packaged sale produced a better result for the creditors, and the employees, than would have been achieved in a liquidation The time left to the Company and its shortage of funds did not give scope for a period of trading in Admunistration
Administrators' statement of proposals (2016-04-07) · Companies House register