Instruction Management Limited (11067468): administration
- Status
- Administration ended
- Administration began
- 2020-01-16
- Administrators
- Daniel Allen
- Administrators' firm
- Insolvency
- Incorporated
- 2017-11-16
- Location
- Rochester
- Industry
- 96090 Other service activities n.e.c.
Why it went into administration
- Loss of a key customer, supplier or contract
- Creditor pressure / legal action
From the administrators' statement
The Company was incorporated on 16 November 2017 and commenced trading in November 2018. From incorporation the Company was controlled by Wayne Russell and Grant Michaels. Grant Michael resigned his directorship in January 2019 and Wayne Russell has been sole director since then. The Company is jointly owned by Wayne Russell and Warbeck Holdings Limited on an equal basis (see Schedule | - Statutory Information for details).
The Company operated as a talent agency, undertaking work on a project basis for a small number of artists. Because of the ad hoc nature of the work, the Company limited its overhead costs by engaging the services of contract staff.
The Company acted for 11 artistes on a regular basis, though the majority of its income was derived from one main client, a well known singer and media personality (referred to herein as the Company's “Main Client").
Administrators' statement of proposals (2020-01-30) · Companies House register