Red Notice Limited (09127752): administration
- Status
- Administration ended
- Administration began
- 2024-06-20
- Administrators
- Lloyd Edward Hinton
- Administrators' firm
- Insolve Plus
- Incorporated
- 2014-07-11
- Location
- London
- Industry
- 59111 Motion picture production activities
From the administrators' statement
Creditors should note that, unless otherwise stated, this section of the proposals has been prepared based on limited information provided by the Board of Directors ("the Board") and not from my personal knowledge as Administrator.
The Company was founded on I! July 2014 and set up as the commissioning distributor in respect of the film SAS: Red Notice.
It operated it’s banking through Coutts & Co (“Coutts”) and held £9,155 in it’s GBP current account. The USD account was in overdraft by $153. The company took out a Bounce Back Loan (“BBL”) with Coutts during the COVIDI9 pandemic, of which £20,000 remains outstanding. Coutts have applied right of offset in respect of the credit balance on the GBP current account and the outstanding balance on the BBL. Consequently, there will not be any realisations in respect of the cash at bank.
Administrators' statement of proposals (2024-09-04) · Companies House register