Blue-2 Post Production Ltd (09414076): administration
- Status
- Administration ended
- Administration began
- 2016-08-16
- Administrators
- Yiannis Koumettou, Ninos Koumettou
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2015-01-30
- Location
- London
- Industry
- 59120 Motion picture, video and television programme post-production activities
Why it went into administration
- HMRC / tax arrears
- Cash flow / liquidity pressure
- Sustained trading losses
From the administrators' statement
Blue 2 Post Production Limited (“the Company”) was incorporated on 30 January 2015 and subsequently acquired the post-production business of Prime Post (Europe) Limited in April 2015
The business was operated from leased premised at 64 Dean Street and from 58 Old Compton Street, London, WID 4UF
The funding for the business was provided through investment from the directors , Mr Atul Setia and Mr Parvinder Bhatia via Azure World Media Limited (“AWM”), the Company’s sole shareholder and holding company Azure World Media invested £750,000 through a combination of equity and shareholder loans in the business during the course of 2015
Administrators' statement of proposals (2016-10-21) · Companies House register