ARL Realisations 2014 Limited (07137662): administration
- Status
- Administration ended
- Administration began
- 2014-09-25
- Administrators' firm
- BDO
- Formerly
- Angry Robot Limited; MC 475 Limited
- Incorporated
- 2010-01-27
- Location
- London
- Industry
- 58110 Book publishing
Why it went into administration
- Sustained trading losses
From the administrators' statement
As advised in the Joint Administrators’ letter of 1 October 2014, ARL 1s one of two trading entities which are 100% owned subsidianes of Cumnor Publismng Limited, the other being WPL Realtsations 2014 Limited (formerty Watkins Publishing Limited)(‘WPL’). Until 23 September 2014 both WPL and ARL were 100% owned subsidiaries of Osprey Publishing Limited (‘Osprey’) {all together the ‘Group’). [
The Angry Robot publishing imprint was launched in 2008 by HarperCollins to develop and publish a line of fantasy science fiction titles. ARL was incorporated 1n 2010 as a wholly owned subsidiary of Osprey Publishing Limited (‘Osprey’) and acquired the Angry Robot impnint from HarperCollins later that year. ARL took on the trading liabilities of the Angry Robot impnnt as part of the acquisition.
The Company has two main revenue streams, being income generated from the sales of books and e-books to the Company’s distribution agents and royalty income generated from the sales of books and e-books published by the Company.
Administrators' statement of proposals (2014-11-13) · Companies House register