4Wood TV and Film Ltd (05937077): administration
- Status
- Administration ended
- Administration began
- 2024-07-23
- Administrators
- Simon Edward Jex Girling, Kiri Holland
- Administrators' firm
- BDO
- Formerly
- 4Wood Construction TV and Film Ltd
- Incorporated
- 2006-09-15
- Location
- Liverpool
- Industry
- 59113 Television programme production activities
Why it went into administration
- Cash flow / liquidity pressure
- Rising costs / inflation
- Property / lease costs
- Sustained trading losses
- Rising interest rates
From the administrators' statement
The Company was incorporated on 15 September 2006 and since then has seen a number of changes to its ownership and management. The Company was incorporated by Mr S Fisher & Mrs L Fisher who remained Directors until 30 June 2022. The Company was called 4Wood Construction TV and Film Ltd until 1 August 2013, at which date the Company changed to its current name.
A Management Buyout (‘MBO’) was completed in 2022 and financed through Private Equity, Connection Capital LLP (‘Connection Capital’). Mr A Forse, Mr J Thorne and Mr R Howell were appointed Directors as a result of the MBO, with Mr G Webb later appointed as Managing Director on 8 December 2023.
The Company is part of a Group which includes a small trading entity (Jigsaw TV & Scenery Limited), a dormant entity (Jigsaw TV Scenery Construction Limited) and holding entities (4Wood Group Ltd, Ensco 1443 Limited and ENSCO 144? Limited). The holding entities hold mainly investments, intercompany balances and the external debt held with the Bank and Connection Capital. Above ENSCO 1443 sits a group structure that facilitates the private equity investment.
Administrators' statement of proposals (2024-09-19) · Companies House register