# Elastic Artists Agency Ltd (05132874)

> Why UK company 05132874 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/05132874

- **Status:** Administration ended
- **Administration began:** 2015-12-07
- **Administrators:** Michael Robert Fortune, Carl Derek Faulds
- **Administrators' firm:** Leonard Curtis
- **Incorporated:** 2004-05-19
- **Location:** Fareham
- **Industry:** 93290 Other amusement and recreation activities n.e.c.

## Why it went into administration

- Creditor pressure / legal action
- Sustained trading losses
- Competition / price pressure

## From the administrators' statement

The company was Incorporated on 19th May 2004 and Its business was to act as a music agency for artists throughout the UK and Europe Jonathan Slade has been a director throughout

Originally a team of just two, the company grew to employ 13 agents, 7 assistants and a 5strong management team The headquarters were based in London but the company also held offices in Paris and Germany with service locations in Manchester and Liverpool

The agents, who were employees of the company, would be based throughout the UK with many working from home and they would be responsible for their own roster of artists and promoters

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/05132874/filing-history/MzE0MTE0NTAzNmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/05132874

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