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Insolvency: Axiom Photographic Agency Ltd – Creditor Details

‘Axiom Photographic Agency Limited ceased trading on September 20, 2012, and was subsequently placed into Voluntary Liquidation at a meeting of the shareholders on October 23, 2012 due to its inability to meet its obligations to creditors.
The Liquidator subsequently accepted an offer presented by Design Pics Inc., to purchase the assets of Axiom Photographic, which became effective October 25, 2012. The business of Axiom Photographic will continue under the management of Tim Hook in Axiom’s London office as a division of Design Pics Inc. All web related activity will carry on using the existing URL’
Note: Design Pics has offered new contracts to Axiom Contributors which include a voluntary offer by Design Pics to recover any unpaid amounts owed by the original Axiom Photographic Agency Limited. This will be accomplished by way of additional commissions offered on new sales generated from the collection.
Contact Tim Hook at the library for further detail.

Oct 16:
Axiom Photographic Agency Ltd (travel, documentary, architectural and ethnographic stock photography) has gone into administration – there is a creditors meeting planned for early December. The agency website is still live and Getty Images still have them represented Here

Details and meeting date and times: Axiom Photographic Agency Ltd (Company Number 03608935) Registered Office: Unit 14, Pall Mall Deposit, 124-128 Barlby Road, London W10 5BZ Principal Trading Address: Unit 14, Pall Mall Deposit, 124-128 Barlby Road, London W10 5BZ By Order of the Board, Notice is hereby given, pursuant to Section 98 of the Insolvency Act 1986 of a meeting of creditors of the above named company, convened for the purposes of receiving the directors’ statement of affairs, appointing a liquidator and if the creditors think fit appointing a liquidation committee. The meeting will be held at RSM Tenon Recovery, 66 Chiltern Street, London, W1U 4JT, on 23 October 2012, at 12.30 pm. Creditors may attend and vote at the meeting by proxy or in person. In order to be entitled to vote at the meeting, creditors must lodge their proxies (unless they are individual creditors attending in person) together with a statement of their claim at RSM Tenon Recovery, Lowgate House, Lowgate, Hull, Yorkshire HU1 1EL, not later than 12.00 noon on 22 October 2012.

Related PAN articles:
March 20 2012 Travel Stock Photo Library Launches New ‘Creatives’ Dedicated Website