Search

Camden Crawl festival announces liquidation plan as artists vent anger

14:04 04 July 2014

Crowds enjoy a set from band Johnny Foreigner during last year

Crowds enjoy a set from band Johnny Foreigner during last year's Camden Crawl. Picture: James Perou.

James Perou

Cult festival Camden Crawl has announced it will start liquidation proceedings just weeks after celebrating its 19th anniversary - with many artists and bands at risk of being left unpaid.

Organisers say poor ticket sales for this year’s event has meant it will be “unable to pay its debts in full to any suppliers, staff or the Company’s directors and shareholders”.

The event has been a key date in the indie festival circuit and has played host to big name artists like Amy Winehouse and Mumford and Sons.

Last month’s Camden Crawl saw what critics said was “a noticeably more cutting-edge line-up” to previous years, cutting back on corporate sponsors in an attempt to go back to the festival’s roots.

As news broke of the liquidation, unpaid stars turned to Twitter to voice their anger.

A statement released on the Camden Crawl website read: “Due to ticket sales falling far short of expectations for this year’s event, Crawl Promotions Ltd, the Company which promotes the Camden Crawl, is unable to pay its debts in full to any suppliers, staff or the Company’s directors and shareholders.

“As it stands the total debts substantially exceed the value of the assets of the Company.

“Because of this completely unanticipated situation and after nearly ten years of successfully promoting the Camden Crawl festival, it is with great regret and sadness that there has been no other option than to convene meetings for the purpose of placing the Company into Creditors’ Voluntary Liquidation.

“An Insolvency Practitioner has been appointed to assist in this process.”

A meeting of shareholders and creditors is scheduled for July 11.

0 comments

Welcome , please leave your message below.

Optional - JPG files only
Optional - MP3 files only
Optional - 3GP, AVI, MOV, MPG or WMV files
Comments

Please log in to leave a comment and share your views with other Hampstead Highgate Express visitors.

We enable people to post comments with the aim of encouraging open debate.

Only people who register and sign up to our terms and conditions can post comments. These terms and conditions explain our house rules and legal guidelines.

Comments are not edited by Hampstead Highgate Express staff prior to publication but may be automatically filtered.

If you have a complaint about a comment please contact us by clicking on the Report This Comment button next to the comment.

Not a member yet?

Register to create your own unique Hampstead Highgate Express account for free.

Signing up is free, quick and easy and offers you the chance to add comments, personalise the site with local information picked just for you, and more.

Sign up now

Latest Hampstead & Highgate News Stories

Yesterday, 00:18
Camden's desire to remain in the EU placed it at odds with the nation's clear choice to leave

As the nation woke up to a political earthquake, campaigners in Camden and Haringey began to process the disconnect between the north London desire to remain in the European Union and the country’s decisive choice for Brexit.

Fri, 17:29
Camden Town Hall in Judd Street

A dozen Camden Council employees have been dismissed in the past year because they did not have the right to work in the UK, a report has revealed.

Another employee resigned whilst one was suspended due to right to work in the UK issues.

Camden has voted to remain in the European Union

Camden and Haringey voters have opted overwhelmingly to remain in the European Union.

Thu, 22:00
EU referendum polling station at Keat’s Community Library, Keat’s Grove Hampstead NW3

After all the campaigning, the polls have finally closed for the EU referendum.

Thu, 17:17
London Mayor Sadiq Khan and Holborn and St Pancras MP Keir Starmer on the Referendum Day campaign trail in Camden

As the nation went to the polls this morning, Labour’s big hitters - including leader Jeremy Corbyn and London Mayor Sadiq Khan - took to the streets of Haringey and Camden in a last-ditch bid to persuade voters to remain in the EU.

Thu, 07:00
The results of the EU referendum are not expected before 7am tomorrow Friday

Britain will go to the polls today to vote on whether or not to remain in the EU.

Wed, 20:24
Yiannoulla Yianni was raped and murdered

A teenage schoolgirl was brutally raped and strangled by a builder who forced his way into her home and overpowered her after a violent struggle -in a case which has remained unsolved for “half-a-lifetime,” a court heard.

Wed, 15:24
Rita Ora home in Kensal Rise was burgled (pic: PA)

Rita Ora bravely protected her sister and threatened to “f*** up” a thief in a £200,000 raid on the singer’s home in Kensal Rise, a court has heard.

Education and Training

cover

Read the
Education and Training
e-edition today

Read Now

Newsletter Sign Up

Sign up to the following newsletters:

Most read Hampstead & Highgate news

HOT JOBS

Show Job Lists

Property Newsletter Sign-up

Get the latest North London property news and features straight to your inbox with our regular newsletter

I am also happy to receive other emails...
Fields marked with a * are mandatory
Email Marketing by e-shot

Competitions

£15k prize bundle

Imagine having the opportunity to win an incredible £15,000 bundle of some of the most amazing prizes available. Well, for one lucky contest entrant that dream could soon become a reality because we at MyOffers are offering an incredible free prize bundle that will make even the most hardened person wild with excitement.

Win a BMW 1 series

There are fewer cars currently on the market more stylish and exciting than the BMW. Known all over the world as one of the best car manufacturers, the BMW is renowned for sleek designs and fantastic high quality workmanship.

Digital Edition

cover

Enjoy the
Hampstead & Highgate Express
e-edition today

Subscribe