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Interstellar Music Services Ltd (13535201): administration

Status
Administration ended
Administration began
2025-10-02
Administrators
Richard Wragg, Duncan Robert Beat
Administrators' firm
Quantuma
Incorporated
2021-07-28
Location
Southampton
Industry
90020 Support activities to performing arts

From the administrators' statement

Quantuma Advisory Limited were first approached by the Company on 3 March 2025 and subsequently instructed on 1 April 2025. Andrew Watling and Duncan Beat had some initial conversations with the Director and the decision was eventually made to place the Company into Administration. The Director signed the engagement letter on 1 April 2025.

There was an initial delay from the signing of the letter of engagement to the appointment of Administrators. Following on from an initial review of the Company’s position and a valuation conducted of the Company’s business and assets by an independent valuer it was deemed that Administration would not be appropriate as it would be difficult to fulfil one of the statutory purposes for Administration. However after further discussion with the Director this position changed. Further information is included in Appendix IV.

3.3

Administrators' statement of proposals (2025-10-09) · Companies House register

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Interstellar Music Services Ltd (13535201)

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