On 4 May 2021 KPMG LLP sold its UK Restructuring business to Interpath Ltd (trading as Interpath Advisory), a newly-formed company which is backed by H.I.G. Europe, the European affiliate of H.I.G. Capital, LLC. The office holders mentioned below have transferred from KPMG to Interpath Advisory and remain in office. Further details of the sale are available on the KPMG website here.

The Imaginarium Studios Limited – in Administration

Steve Absolom and Will Wright were appointed Joint Administrators of The Imaginarium Studios Limited – in Administration (the ‘Company’) on 15 May 2017.

The administration has come to an end. For further information, including the exit route from the administration, please refer to the final progress report.

The firm, which was founded by the actor-director Andy Serkis and film producer Jonathan Cavendish, is a leader in performance capture for film, TV, digital application and video games production, working primarily with studios in the US and UK as well as investing in and developing a film and TV production business in London.

Following a period of marketing, a sale of the assets relating to the performance capture studio and certain direct subsidiaries and their associated key film contracts to different parts of the management team represented the best chance of achieving a business rescue that maximised the recoveries for creditors.

The prospects of recoveries for unsecured creditors are dependent on the successful completion and release of a number of key film and video game projects as the Company is entitled to receive a share of profits from the buyers if the projects perform well.

We will keep creditors updated with our statutory reports on progress.

Statutory notices and reports

Notice of appointment 
SIP 16 Memorandum 
Notice to creditors of right to elect to become an opted-out creditor 
Notice of seeking decision of creditors by correspondence 
Joint Administrators’ Proposals 
Notice of result of creditors' decision 
Notice of seeking decision of creditors for pre-adm legal costs by corresp. 
1st Progress Report 
Physical meeting requisition form 
Notice to creditors seeking extension by deemed consent 
Notice of Extension 
2nd Progress Report 
Notice of progress report and decision procedure 
3rd Progress Report 
Notice of seeking decision of creditors for time costs by correspondence 
Notice to creditors of move from administration to dissolution 
Notice of move from administration to dissolution 
Final Progress Report 

Stephen John Absolom and William James Wright are authorised to act as insolvency practitioners by the Institute of Chartered Accountants in England & Wales.

We are bound by the Insolvency Code of Ethics.

The Officeholders may be Data Controllers of personal data as defined by the Data Protection Act 2018. Personal data will be kept secure and processed only for matters relating to the appointment. For further information, please see our Privacy Policy.

Contact us

Kerry O'Sullivan
Case contact
Tel +44 (0) 203 989 2789
Fax +44 (0) 203 989 2810

Scott Rubin
Case Manager

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