108 Media Ltd (13176136): administration
- Status
- Administration ended
- Administration began
- 2024-08-20
- Administrators
- Philip Reynolds, Ian James Corfield
- Administrators' firm
- FRP Advisory
- Incorporated
- 2021-02-03
- Location
- London
- Industry
- 90010 Performing arts
Why it went into administration
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Over-expansion / investment not recovered
From the administrators' statement
The Company was incorporated on 3 February 2021 and began trading as a distributor of film and TV productions across various geographical locations with a significant focus toward the Asian market.
The Company’s registered office is Parkshot House, 5 Kew Road, TW9 2PR and it operated from two serviced offices, one of which was the registered office and the other located at Sovereign Gate, 18-20 Kew Road, Richmond, TW9 2NA.
A number of other “108” entities were incorporated in different jurisdictions in order to provide credibility to the projects undertaken in that specific geographical location which would increase the likelihood of obtaining external investment.
Administrators' statement of proposals (2024-10-19) · Companies House register