Metropolis Group restructures, transfers assets to holding company
Metropolis Group, owner of the famous West London recording studio, has undergone significant financial restructuring.
The company’s management placed its trading company, Metropolis Group Limited (MGL), into administration on May 31 - a process which is now being handled by administrators MacIntyre Hudson LLP.
The MGL business and its assets were successfully transferred to Metropolis London Music Ltd (MLML), the group’s holding company.
Metropolis continues to operate as a going concern, with all permanent staff now employed under the new ...
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