Seventh Kingdom Productions Limited (07000180): administration
- Status
- Administration ended
- Administration began
- 2019-04-30
- Administrators
- Anthony Malcolm Cork, Stephen Robert Leslie Cork
- Administrators' firm
- Cork Gully
- Incorporated
- 2009-08-25
- Location
- London
- Industry
- 59111 Motion picture production activities
From the administrators' statement
4.3.1. The production of the Film was funded by various film financers, four of which were granted a charge over the Company's assets: Silver Reel Entertainment Mezzanine Fund L.P (‘Silver Reel”), Film4, The British Film Institute (“BFI”) and Creative Scotland. Silver Reel is recognised as the priority charge holder pursuant to an interparty agreement entered into on 3 October 2011 permitting the enforceability of security should the Company fail to make repayment for the outstanding debt.
4.3.2. In mid-2011, the Company engaged Filmnation International LLC to sell the license for the rights to the Film (“the Rights”) to various film distributors across the world. Based on the records available, we understand that 28 Distribution Agreements were executed in this regard.
4.3.3. The Joint Administrators understand that the Film's production took four years to produce with a budget of c.£8million and, following its premiere in 2013, generated c.£5.2million at the box office.
Administrators' statement of proposals (2019-07-09) · Companies House register