Live experience agency Stagestruck UK has entered liquidation after 42 years in business, citing ongoing instability in the Middle East and project cancellations as factors contributing to the closure.
In a statement confirming the news, Stagestruck’s managing director Paul Finch, said: “It is with deep sadness that I confirm Stagestruck Ltd ceased trading on Wednesday the 27th of May, bringing to a close 42 incredible years. We are now entering liquidation.”
He explained that following the recent US/Iran conflict, a major project due for delivery this month was first postponed and then, at short notice, cancelled entirely for this year and that the sudden loss of the work had an “immediate and severe impact” on the…