The parent companies of Rob Da Bank's Common People city festivals have gone into administration with combined debts of more than £750,000.
The twin events took place in Oxford and Southampton over the May Bank Holiday weekend and featured acts such as Lily Allen, James, All Saints and The Jacksons last year, but will not be returning in 2019.
Their demise follows the collapse of Da Bank's long-running Bestival and its family-oriented Camp Bestival sister event, the latter of which has since been taken over by Live Nation. Da Bank (pictured) and his wife Josie announced they were "back in control" at the Dorset event following the deal.
Common People Festival Limited owes a total of £543,523.77, according to documents lodged with Companies House, although the vast majority of that amount – over £410,000 – is owed to Bestival Limited. Other creditors include DJ Grindle (£23,297.29), Nu Kleen cleaning services (owed £16,247.68), and SWG Power (£8,078.16).
Common People (Oxford) Limited owes £267,845.53. Again, its main creditor is Bestival Limited (£151,181.21), with others including MJ Media (17,266.77), Oxford County Council (£8,946.34), Pinnacom (£8,387.19), M&J Engineers Hire (£7,557.84), EPS Training Ltd (£6,200), Fat Goose (£5,214.44), Event Production Services (£5,155.96) and Impression One (£5,434.50).
First held in 2015, the festivals attracted artists such as Fatboy Slim, Grace Jones, Duran Duran, Primal Scream, Clean Bandit and Pete Tong.