Art Founders Ltd., which cast the fountain and lions in London’s Trafalgar Square in 1867, fell into administration after losses.
Matt Bond and Jason Godefroy of restructuring advisory firm MCR were appointed as administrators to the company, also known as Morris Singer Art Foundry, MCR said today in a statement. The administrators are looking for a buyer for the Braintree, Essex- based company “as soon as possible.”
“The business is an established and well-known artwork foundry with a 150-year history creating projects for famous landmarks worldwide, as well as for private collections and Individuals,” Bond said in the statement. “Unfortunately, despite its heritage and customer base the business has fallen into a loss-making position and is unable to continue in its current form.”
John Webb Singer founded the business in 1848 in Frome, Somerset. Morrison Singer’s works include the figure of Justice sitting on top of the Old Bailey, Boadicea and the Chariot outside the Houses of Parliament, and the Meeting Place at St. Pancras train station in London.