Scottish animation studio Axis collapses with 160 jobs lost

Alistair McAlinden, the head of Interpath Advisory in Scotland and joint administrator, said it was a “great shame to see a creative business in Scotland close its doors”.

He added: “Axis has more recently been impacted by a decline in customer projects, as well as increases in labour costs which have resulted in severe cash flow problems.

“The directors worked tirelessly to explore alternative solutions, but ultimately had to take the difficult decision to seek the appointment of administrators.”

The business was founded in 2000 by Richard Scott, in partnership with Dana Dorian, Stuart Aitken and Graham McKenna. Companies House records list Mr Scott as the company’s sole director.

Axis recently worked on a high-profile campaign for the mobile game Clash of Clans, turning Manchester City footballer Erling Haaland into a character for it.

Production on all projects has now ceased, with the joint administrators now looking for operators to continue with work that was already live.

Geoff Jacobs, joint administrator, added: “Our priority is to give employees support in the first instance. We would encourage any party with an interest in Axis’ live projects to contact us immediately.”