The Grounded Events Company Ltd – administration

The Grounded Events Company Ltd, the Company behind the Brighton Marathon, has filed a notice of intention to appoint FRP as administrators. The Company owed £1.2 million for the 2021 financial year and reportedly has not paid last year’s winners their prize money. The race, which has hosted more than 12,000 runners, has taken place each year since 2010, apart from 2020, when it was cancelled due to the pandemic. FRP Director Phil Harris said the goal is to secure a sale so the marathon can be held in 2023. Aib Group (UK) PLC and Ro Frome Limited each has a registered charge against the Company.