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Adidas fashion PR firm Dust PR calls in liquidators

Soho based fashion PR firm Dust PR, which counts Adidas Eyewear, Barbour and Burlington, has called in liquidators.

The agency, based on Neal Street in central London appointed liquidators on 7 February according to a notice published today by The London Gazette.

Carter Clark Financial Recovery has been appointed as liquidator.

According to Insolvency News which first broke the story, the company owes £26,113 in PAYE tax and National Insurance, as well as £23,085 of corporation tax.

UPDATED: According to Duedil, Dust Pr Limited was incorporated on 10 Jan 2003, and its last accounts showed that it owed £113,357 to creditors and is due £76,882 from trade debtors.

It has also been discovered that at the time of Dust PR's last financial statement, they had £5 in cash reserves, and a book value of £15,286 on 30 March 2012, with 2010 figures showing the agency sitting at a value of -£20,669.

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Stephen Lepitak

Stephen Lepitak is editor of The Drum, with responsibility for overseeing the day-to-day running of the content produced for the various platforms run by the publication. Over the years he has interviewed agency network bosses such as Sir Martin Sorrell, Maurice Lévy and Arthur Sadoun, as well as Cindy Gallop, Kim Kardashian, film directors James Cameron, Spike Jonze and producers Harvey Weinstein and Lord David Puttnam. With a keen interest in media and breaking news, Lepitak has been with The Drum since 2005 and is based across its UK, US and Asia operations.

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