Camden Crawl goes into liquidation

Camden Crawl has just announced that it has gone into liquidation after 19 years.

The North London, venue-hopping festival occupied 25 clubs and bars on its most recent outing at the end of last month, but an official word from the event's founder has put the future of the event into doubt.

An email from the event's founder Lisa Paulon reads: "Please be aware [that] unfortunately Crawl Promotions Limited T/A Camden Crawl is experiencing financial difficulty. It is with great regret that the Board has decided that there is no option but to place the Company into Creditors’ Voluntary Liquidation."

Recently, the festival had been very vocal on what restrictions and licensing laws Camden Council had imposed on the event for this year, but currently no further information has been given on the decision.

[Via Music Week]

UPDATE: Camden Crawl has now issued the following statement:

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, details of which follow below. The Meetings of Shareholders and Creditors are scheduled for the 11the July 2014 and notices have duly been despatched to all concerned parties. Once the Company is in Liquidation and a Liquidator is appointed, the Liquidator will realise all assets, try and agree all creditor claims and if possible make a distribution (paying a portion of the debts due to all creditors).

More News

Anna Of The North announces new EP 'Believe'

Following on from the release of her brilliant sophomore album 'Dream Girl' last year, Anna Of The North has now announced her plans for a new EP,... 1 month 3 weeks ago

Emmy The Great unveils new single 'Chang-E'

With her highly-anticipated new album set to drop next week, Emmy The Great has now unveiled yet another cut lifted from her forthcoming full-length... 1 month 3 weeks ago

Jónsi collaborates with Robyn on new single 'Salt Licorice'

With his long-awaited new album now just a few days away, Jónsi has now returned to unveil yet another cut lifted from his forthcoming full-length... 1 month 3 weeks ago

Purity Ring unveil cover of Alice DJ's 'Better Off Alone'

Following on from the release of their long-awaited new album 'WOMB' from earlier this year, Purity Ring have now shared a cover of an absolute 90s... 1 month 3 weeks ago

Guy Garvey unveils new track 'My Angel'

Following on from the release of Elbow's heavily-praised 2019 studio album 'Giants of All Sizes', frontman Guy Garvey has now returned to share a... 1 month 3 weeks ago

Beabadoobee shares new single 'How Was Your Day?'

With only a few weeks left before she releases her highly-anticipated debut album, Beabadoobee has now unveiled the next cut to be lifted from her... 1 month 4 weeks ago

IDER return with new single 'Saturday,'

Following on from the release of their much-loved debut album 'Emotional Education' last year, IDER have now returned to share a brand new single... 1 month 4 weeks ago

Royal Blood return with new single 'Trouble's Coming'

Having remained largely silent since the release of their 2017 sophomore album ‘How Did We Get So Dark?’, Royal Blood are back once again to share a... 1 month 4 weeks ago

The Shins return with new single 'The Great Divide'

Having spent the last couple of years remaining mildly silent, The Shins have now returned with a brand new single. The new track 'The Great... 1 month 4 weeks ago