Evolutions Media Limited (14965483): administration
- Status
- Administration ended
- Administration began
- 2024-08-08
- Administrators
- James Richard Clark, Howard Smith
- Administrators' firm
- Interpath Advisory
- Formerly
- Enact III Newco II Limited
- Incorporated
- 2023-06-27
- Location
- Leeds
- Industry
- 59113 Television programme production activities
Why it went into administration
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Creditor pressure / legal action
- Loss of a key customer, supplier or contract
- Sustained trading losses
- Competition / price pressure
From the administrators' statement
The Company was incorporated on 27 June 2023 and was previously named Enact Ill Newco Il Limited until 29 February 2024. The Company commenced trading on 8 February 2024 following the acquisition of the business and assets of EPPL.
The Company was wholly owned by Evolutions Media Topco Limited (the “Parent”), which exists solely as a holding company. Endless, through Enact Fund II LP and Enact II CoInvestment LP, owns 100% of the Parent's equity, thus is the Ultimate Beneficial Owner (the “UBO”) and the ultimate controlling shareholder of the Company.
The Company’s primary activity was to provide end-to-end post-production services, specialising in non-scripted reality television shows. It operated from physical studios in London and Bristol, and remotely through a digital service offering, employing a total of 140 staff at the date of our appointment.
Administrators' statement of proposals (2025-04-18) · Companies House register