Aita Films Limited (11185873): administration
- Status
- Administration ended
- Administration began
- 2025-05-01
- Administrators
- Kikis Kallis, Peter Charalambous
- Administrators' firm
- Kallis & Company
- Incorporated
- 2018-02-05
- Location
- London
- Industry
- 59111 Motion picture production activities
Why it went into administration
- Creditor pressure / legal action
- HMRC / tax arrears
From the administrators' statement
Creditors should note that, unless otherwise stated, this section of the proposals has been prepared based on information provided by the Board of Directors ("the Board") of the Company and not from our personal knowledge as Joint Administrators.
The Company was incorporated on 5 February 2018 and was established solely for the filming and production of the movie “Angels in the Asylum.”
The Company was mid-production and in an attempt to raise the necessary funding to complete the project the Director entered into negotiations with Parkland Pictures. Parkland Pictures provided assurances that the funding would be provided. In reliance upon these assurances and in light of delays in receiving the promised funds, the Company agreed to obtain a secured loan from Brandhouse Global Limited. This loan was intended to serve as interim financing, to be repaid upon receipt of funds from Parkland Pictures.
Administrators' statement of proposals (2025-07-02) · Companies House register