The company confirmed that UK post-production house and film equity investor Lipsync has entered management screen.
A statement from the company said it was “normal business” during the process, with no redundancy and “announcement sales will be made soon.”
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Lipsync has long been a fixture for the London filmmaking scene, with offices on Ward Tour Street in Soho. The parent company is Glenthorp Ltd, owned by Lipsync Managing Director Peter Hampden and Financial Director Norman Merry.
The company’s latest revenues, filed in July 2023, showed revenues of £36 million ($49 million) (up 44%) and pre-tax profit of £1.4 million ($1.9 million). The company has 69 employees.
Company Statement
“Lip Sync Post Limited Limited joined the administration on May 15, 2025 with the appointment of joint administrators by licensed bankruptcy practitioners Nick Parsk and Carie James of Oury Clark,” read the company’s statement.
“The company continues to trade under the control of a joint manager while the sales of its business and assets are finalized,” the statement continued. “As the co-manager is in the advanced stage with third parties, the transaction period is not expected to be within two weeks.
“During this period, it is a ‘regular business’ for the company. No redundancy has been made, and co-managers hope for a sales announcement soon. ”
The Lipsync process will appoint an administrator this February, following the management of Technicolor, a post-production company that has made most of its 440 staff redundant visual effects and post-production company.
(TagStoTRASSLATE)Companies (T)Finance (T)Production (T)UK/Ireland