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Insolvency Practitioners show film company new future

Insolvency Practitioners show film company new future

Authored by Phil Meekin

Phil Meekin

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Approximate read time: 1 minute

Insolvency practitioners and business turnaround specialists Wilson Field have granted a niche film, television and photographic company a new future.

Insolvency practitioners Kelly Burton and Joanne Wright from Sheffield-based Wilson Field were appointed as administrators to Wimbledon-based Decode late last year.

Decode, which provided filming and photographic equipment to television and film companies for media activity, had been victim of a significant fraud and subsequently fell into arrears with tax liabilities, with HMRC issuing a Winding up Petition. Wilson Field sold the business and assets as a going concern in a pre-packed sale to London-based production company SW19 saving all eight jobs.

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