# Lipsync LLP (OC376497)

> Why UK company OC376497 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/OC376497

- **Status:** In administration
- **Administration began:** 2025-03-20
- **Administrators:** Carrie James, Nicholas Parsk
- **Administrators' firm:** Begbies Traynor
- **Incorporated:** 2012-06-28
- **Location:** Slough

## Why it went into administration

- Property / lease costs
- Competition / price pressure

## From the administrators' statement

The members advised that the Company had become insolvent due to a combination of the following factors:

• The financial difficulties experienced by the connected trading entity, Lip Sync Post Limited, which resulted in the instruction of Oury Clark Chartered Accountants to seek buyers for the business and certain assets through a pre-packaged Administration process.

• The general decline in the film & TV industry over the past few years resulting in more distressed competitors and a reduction in the quality of investment opportunities and a greater risk in a profitable return.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/OC376497/filing-history/MzQ2NjIwODY3OGFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/OC376497

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.