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lateraladvertising.co.uk

Stage

Dead | Dead

About Lateral Advertising

Lateral Advertising is an advertising agency based in Sunderland at Doxford International Business Park. The agency offers a wide range of services including creative design, corporate brand identity, media planning and buying, TV and radio advertising, web design, online advertising, search engine optimization, PR, and marketing.

Lateral Advertising Headquarter Location

610 Hope Street Xchange

Sunderland, England, SR1 3QD,

United Kingdom

+44 07943 810 483

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Latest Lateral Advertising News

Lateral Advertising closes its doors in Sunderland after 17 years in business

Aug 10, 2017

Lateral Advertising closes its doors in Sunderland after 17 years in business Sunderland's Lateral Advertising has ceased trading after appointing a liquidator  Share Alex Giles, managing director of Lateral Advertising in Sunderland (Image: NCJ Media)  Share Get business updates directly to your inbox + Subscribe Thank you for subscribing! Could not subscribe, try again laterInvalid Email A North East marketing agency once named among the best in the country has closed its doors after filing for liquidation. Lateral Advertising, based in Sunderland , was named the seventh best agency in the country outside of London in 2010 by the Recommended Agency Register, and had a client list that included Ringtons , Glanbia PLC, Thomson Holidays, Sunderland City Council, and the NHS. Now, however, the firm has ceased trading after managing director Alex Giles filed a notice to voluntarily wind up the company, after appointing KSA Group to act as its liquidator. It is not known how many people were employed at Lateral , but it is understood that former workers have found alternative employment since losing their jobs. Read More Spotify picks Newcastle start-up Surveyapp to help improve New York office In accounts filed at Companies House, Lateral Advertising’s net assets were valued at £22,695 in 2014 but by the end of 2015 the firm had net liabilities of £161,889. Similarly, in 2014 the amount the company owed to creditors within one year was £181,994, but in 2015 this had grown to £270,728. Documents filed with Companies House also show that Lateral owed a total of £269,626 to 47 creditors. Lateral was founded in 1991 and was originally based in Sunderland city centre but during the first half of 2016 the firm sold its headquarters in West Sunniside and moved to Doxford Park. The move was designed to place the business closer to a major client, following a deal that saw Lateral help the firm create a number of new subsidiary companies. Read More Beloved Ouseburn café shuts its doors but plans pop-up events throughout summer Once the work was completed Lateral moved back to the city centre after taking up space at the Hope Street Xchange. Before it closed its doors the advertising firm was known for designing family tea brand Ringtons’ new packaging. The 2013 redesign, which was only the third to happen since the 1960s, was launched to help Ringtons increase sales and attract new customers. Following his appointment as liquidator, Eric Walls at KSA Group published a notice to creditors stating that those wishing to make a claim against the company must do so in writing to KSA Group’s Team Valley office. Like us on Facebook

  • Where is Lateral Advertising's headquarters?

    Lateral Advertising's headquarters is located at 610 Hope Street Xchange, Sunderland.

  • What is Lateral Advertising's latest funding round?

    Lateral Advertising's latest funding round is Dead.

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