Eppl Realisations 2024 Limited (12192776): administration
- Status
- Administration ended
- Administration began
- 2024-02-08
- Administrators
- Nicholas Holloway, William James Wright
- Administrators' firm
- Interpath Advisory
- Formerly
- Evolutions Post Production Limited; Enact II Newco Limited
- Incorporated
- 2019-09-06
- Location
- London
- Industry
- 59113 Television programme production activities
Why it went into administration
- COVID-19
- Funding withdrawn / unable to refinance
- Creditor pressure / legal action
- Cash flow / liquidity pressure
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
The Company was incorporated on 6 September 2019, its primary activity was television programme production specialising in non-scripted reality television. The business provided services ranging from onsite filming support, data management, editing, finishing, quality control and delivery to supporting a production team “convert” their raw film content into a finished show.
The Company operated from four leasehold premises located in London and Bristol and employed 151 staff across its business.
The Company is a wholly owned subsidiary of Evolutions Post Production Holdings Limited (the ‘Holding Company’). The ultimate controlling shareholders (c.78%) of the Company are funds managed by the private equity firm Endless LLP, through ‘its Enact fund. The remaining shares (c.22%) in the Holding Company are held by the Directors of the Company.
Administrators' statement of proposals (2024-04-15) · Companies House register