Soho post-production firm Absolute Post Limited placed into administration

Nick Parsk of Oury Clark Chartered Accountants was appointed administrator to Absolute Post Limited on 14 May 2026, after the High Court of Justice sealed the appointment under case number CR-2026-003729. The Mortimer Street post-production company had been trading from its Soho address since late 2003.

Parsk, whose IP number is 19770, is based at Oury Clark's Slough office at Herschel House, 58 Herschel Street, Berkshire, SL1 1PG. Administration is a formal insolvency process in which a licensed insolvency practitioner takes control of a company to attempt to rescue it, sell it as a going concern, or realise its assets for creditors.

About the company

Absolute Post Limited is registered at 19-21 Mortimer Street, London, W1T 3JE, and is classified under SIC code 59111, covering motion picture production activities. The company was incorporated on 5 November 2003 under the name Alibi Post Limited, changed its name to V.I. Post Limited within days, then became Absolute Post Limited on 27 November 2003. Its most recent filed accounts were made up to 29 February 2024.

The directors at the time of the administration notice were Dave Cadle, Dionne Reynolds and David John Smith. Cadle and Reynolds were both appointed on 16 November 2022, while Smith has been a director since the company's earliest days in November 2003.

Secured charges

Two outstanding charges are registered against Absolute Post Limited, both held by Mainspring Properties Limited. The first was created on 20 January 2004 and delivered to Companies House on 3 February 2004. It is a rent deposit deed securing a sum of £51,314 against rent due under a lease. The second was created on 1 October 2008 and delivered on 22 October 2008. It is also a rent deposit deed, covering Mainspring's interest in a deposit as security for all sums payable under the relevant agreement. Mainspring is a secured creditor, meaning its debt is backed by a charge over the company's assets and it takes priority over unsecured creditors in any distribution.

For creditors, suppliers and customers

Once administrators are appointed, they issue statutory communications and payment instructions to known creditors in due course. Correspondence is conducted through Oury Clark at the Slough address listed on the notice.

Creditors who are owed money will typically be required to submit a proof of debt, the formal claim form used in UK insolvency proceedings to evidence the amount owed. The administrators assess those claims as part of distributing whatever realisations are made from the company's assets.

From the date of appointment, a moratorium takes effect under Schedule B1, paragraph 43 of the Insolvency Act 1986. This pauses most creditor enforcement action, so creditors generally cannot start or continue court proceedings against the company without the court's permission.

Customers with paid-but-undelivered orders or outstanding deposits rank as unsecured creditors in the administration. Unsecured creditors have no charge over the company's assets and rank behind secured creditors and preferential creditors such as employees in any distribution of realisations.

Employee claims for unpaid wages, notice pay and statutory redundancy are treated as preferential or unsecured claims depending on their nature. The Redundancy Payments Service, which is part of the Insolvency Service, exists to handle statutory redundancy payments and certain other employment-related claims where a company cannot meet them itself.