Full Breakdown
Elysian Film Group Distribution Ltd Enters Formal Insolvency
6/9/2026, 9:23:57 PM
Distribution Arm Liquidated Amid Insolvency Proceedings
Elysian Film Group Distribution Limited, the UK distribution arm of Danny Perkins’ Elysian Film Group, has entered a formal insolvency process and is being liquidated. Launched in 2020 with Creative Artists Agency (CAA) backing, the company ceased trading and appointed FRP Advisory to wind up its affairs after a resolution by members and creditors.
Background & Context
Elysian Film Group was founded in 2018 and produced titles such as *The Magic Faraway Tree* and *Fackham Hall*. Its distribution subsidiary acquired UK rights to Studio Ghibli films, notably the box-office hit *The Boy and the Heron* and *Earwig and the Witch*. In 2023 the group released the Take That biopic *Greatest Days*, which failed to attract significant box-office revenue. Prior to forming Elysian, Perkins led Studiocanal UK, overseeing releases of *Paddington* 1 & 2, *Tinker Tailor Soldier Spy*, *Legend*, and acquisitions including *The Imitation Game*, *The Hurt Locker* and *Spirited Away*.
Official Statements & Responses
Perkins confirmed that the distribution arm has ceased trading and entered a formal insolvency process, noted that the production company continues to operate independently, and stated that the firm will not comment further on the insolvency or creditor matters. FRP Advisory was appointed by members and creditors to manage the wind-up, indicating outstanding liabilities.
Why It Matters
The liquidation underscores the financial challenges faced by UK film distributors, especially after a release failed to ignite at the box office. Creditors face uncertainty over repayment, while the production arm must seek new distribution partners to sustain future projects.
Conflicting Reports & Gaps
Public filings have not disclosed the precise debt amount or creditor identities, and no creditor statements have been released, leaving the scale of the shortfall unclear.
Verbatim Quotes
- “Watch on Deadline Perkins, the former head of Studiocanal UK, told Deadline: “Elysian Film Group Distribution Ltd is no longer trading and is subject to a formal insolvency process.” — Danny Perkins, Founder, Elysian Film Group
- “Elysian Film Group Ltd, the production company, continues to operate independently and remains active.” — Danny Perkins, Founder, Elysian Film Group
- “Elysian Film Group Ltd, the production company, continues to operate independently and remains active. We do not intend to comment further on the insolvency process or matters relating to creditors.” — Danny Perkins, Founder, Elysian Film Group
- “Elysian Film Group Distribution, which launched in 2020 with backing from CAA, is now the subject of a formal insolvency process.” — Deadline article
What’s Next
FRP Advisory will continue the liquidation, handling asset realization and creditor settlements. Elysian Film Group Ltd plans to keep producing films and will seek new distribution partners for upcoming releases. Stakeholders will watch the wind-up for broader implications for the UK film sector.
