Axis Productions and Axis VFX - Administration

Axis Productions and Axis VFX, a Glasgow and Bristol-based VFX and animation house, entered administration on 15 July.

Axis has worked across major feature films and TV shows in both animation and VFX and has been a major player in the games industry, with clients including the likes of the BBC, Netflix and Blizzard Entertainment.

Alistair McAlinden and Geoff Jacobs of Interpath Advisory were appointed joint administrators and said that Axis had been impacted by a decline in customer projects, as well as increases in labour costs resulting in severe cash flow problems.

162 employees have been made redundant.

Barclays Bank has a registered charge against both of the companies.