Fri, 19 Aug 2016 | ADMINISTRATION
Metrodome Group, the company behind movies including Donnie Darko and Monster, is now in administration.
While an official statement declaring the news has not yet been released, it is thought Cowgill Holloway is managing the administration process. Staff were informed of the situation and redundancies on Wednesday this week (17th August). Most of the 32 staff have lost their jobs.
Metrodome had been seeking a buyer for the business recently, and had expected to attend upcoming markets as normal. It's managing director Jezz Vernon exited his role last month.
It is thought that 101 Films has taken on some of the company's assets, but this hasn't been confirmed with the company.
New releases on the horizon include The Childhood Of A Leader, which is due out today (Friday, 19th August) and Personal Shopper, starring Kristen Stewart, set for a release in October. With the present circumstances, however, the future of these films is as yet unclear.
Established in 1995, Metrodome is among Britain's main purchasers of foreign language and English-language independent films, and also has international sales and production operations. Other recent releases include foreign language Oscar winner The Secret In Their Eyes and The Counterfeiters.
The Company is a highly regarded building contractor, predominantly providing its services to clients in the commercial and retail sectors. The Company has experienced considerable growth since its foundation, with the strength of its workforce and s...
LEASEHOLD
Highly successful specialist agency operating for over nine years. Provides comprehensive cross-border debt recovery services for overseas banks with large UK portfolios of credit card debt. Primarily recovers debt from UK residents which was incurre...
LEASEHOLD
Provides cost-efficient, reliable general haulage services across the UK, specialising in same-day and next-day deliveries. Operating nationally, the company currently caters to 25 active clients nationwide, all of whom provide reliable, repeat busin...
LEASEHOLD
15
|
Jan
|
Buyer sought for portfolio of pubs | BUSINESS SALE
Five pubs that formerly operated under the Authentic Alehous...
14
|
Jan
|
Acquisitive RSK Group completes trio of deals | BUSINESS SALE
Cheshire-based technical services consultancy RSK Group has ...
13
|
Jan
|
Heat transfer equipment manufacturer falls into administration | ADMINISTRATION
Coventry-based Covrad Heat Transfer has fallen into administ...
Sign up to receive our acquisition alert emails to get your FREE guide
16
|
May
|
Dagenham recycling firm enters administration | ADMINISTRATION
A plastic milk bottle recycling firm based in Dagenham has b...
07
|
May
|
Data hosting firm Alphadex bought out of administration | BUSINESS SALE
iRack Limited has bought data hosting and processing company...
30
|
Apr
|
Company behind Zumu.co.uk in administration | ADMINISTRATION
Administrators have been brought into unwanted DVD reseller ...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources