Grey BOX Studio Limited (08859298): administration
- Status
- Administration ended
- Administration began
- 2025-07-15
- Administrators
- Hilary Pascoe, Mike Dillon
- Administrators' firm
- Leonard Curtis
- Incorporated
- 2014-01-23
- Location
- Manchester
- Industry
- 74202 Other specialist photography
Why it went into administration
- Pension deficit
- HMRC / tax arrears
From the administrators' statement
Following the completion of a pre-packaged sale of the Company’s business and assets on 15 July 2025, the Joint Administrators prepared and issued a Letter to Creditors on 21 July 2025 providing further information pursuant to Statement of Insolvency Practice (“SIP”) 16. This letter is attached at Appendix L of this report.
The Joint Administrators draw your attention to Section 2 of the SIP16 Letter, which provides a full explanation of the events leading up to Administration, the initial introduction and the Joint Administrators’ involvement. We do not believe that there are any significant personal or professional relationships between the Company or its Directors and Leonard Curtis, and we confirm that we carried out the appropriate conflict review prior to accepting the appointment.
On 27 June 2025, the Directors filed a Notice of Intention to appoint Administrators (“NOIA”) at the High Court of Justice, Business and Property Courts in Manchester — Company & Insolvency List (CHD) (“the Court’). The sale of the business and assets did not complete upon expiry of the NOI, as the relevant documents had not been agreed with Barclays, and it was necessary to file a second NOI on 10 July 2025, to allow the sale documents to be agreed by all parties involved.
Administrators' statement of proposals (2025-08-20) · Companies House register