Pepper Post has ceased trading after its parent company decided to pull out of the post production sector.
Future Post Production Limited, trading as Pepper Post, has been placed into insolvent liquidation by its owner Future Film Group. The staff have been notified and a creditors meeting will take place later this month.
David Rubin & Partners has been appointed to handle the process and partner Stephen Katz will try to find a buyer for the facilities and their equipment in order to seek to maximize value for the creditors.
A number of parties have already expressed interest, David Rubin & Partners said.
Future Film Group has decided that “due to market conditions” it will focus on its main activities of media finance, production and digital distribution, and as a result it is withdrawing from the physical post production sector.
The company bought Pepper from pre-pack administration in August 2010 and said at the time it was investing £1m in the business.
Pepper has premises on Greek St and Noel St in Soho and has done recent work on the likes of Sherlock, Rev and Luther.