Eaglemoss/Hero Collector Reportedly Goes Into Administration

It has been reported that Eaglemoss Limited filed a Notice of Intention to appoint an administrator today. Greg Connell, Managing Director of InfolinkGazette posted the news, commenting, "Eaglemoss is one of the world's biggest names in licensed collectable, marketing and distributing more than 150 collections in more than 30 markets." Greg added: "revenue peaked at £68 million but had fallen to £31.6 million in the last filed accounts." InfolinkGazette is a commercial data collection bureau, including information in the Credit Insurance, Debt Recovery and Insolvency sector. "Calling in the administrators" is a phrase used to bring someone in when a British company in undergoing bankruptcy under the Insolvency Act, with the aim of rescuing the company as a going concern, unless selling to a creditor, or going through  bankruptcy is a better solution for the company's investors. Bleeding Cool has confirmed the news through our own sources.

Eaglemoss is a partwork publisher, using the hugely successful European model of publishing or manufacturing collectables in a serialised format. From books, to book series, toys, model parts, knitwear, cutlery, coins and dioramas, the range covered by the partwork model of publishing is extraordinary, mostly sold through newsstands and by mail order. Eaglemoss has, in recent years, extended their market to cover the US and UK geek demographic of comic book stores with their Hero Collector line, including hardcover DC Comics and Batman graphic novels, and toys and models for Star Trek, Star Wars, Orville  Tron, MCU, Fallout, Battlestar Galactica, Fortnite, and more, with an accompanying magazine. Eaglemoss also recently announced they were also moving into NFTs. Former Bleeding Cool contributor Chris Thompson left the company back in March, and products began to drop off our radar – and from Diamond Previews – in the months since, with a limited line in May's Previews, an Order Again only selection in June and nothing in July.

The Eaglemoss website states that it cannot take orders online right now and to call instead. However, phone lines are closed for the day. Bleeding Cool will call tomorrow. to try and get an update.

Eaglemoss/Hero Collector Goes Into Administration
Eaglemoss Collections PR shot

Unless some solution can be found, those who are part way through their collections will at least have the satisfaction of an incomplete collection, But for those with the classic build-as-you-go model will just have an incomplete item. Here are a few comments from frustrated customers to the news.

Lee Taylor: This is irritating. I've spent two years building the Ecto 1. Two issues away from completion. It'll be worse for others out there who started Titanic/Deloreon/Enterprise builds, amongst others. They have a lot to answer for. Notwithstanding the staff who could lose their jobs, they have continually let their customer base down. The increase in postage fees signalled something was wrong months ago. An Ecto subscription went from £41.95 to £49.99 all because of postage. For those who are stranded with their builds – what recourse for them (and me?). I just feel lucky that the car is complete and it's just the roof rack equipment left to finish on the build.

William Hoare:I'm was 5 deliveries away from completing the delorean, these parts must be available somewhere, they won't have zero stock

Jack Mayfield: I hope this can lead to another buyer taking over and continuing the excellent product line, which is beloved by thousands of passionate fans and collectors (including me). Eaglemoss' designers, artists, writers, illustrators, archivists, and modelers are fantastic, and I'm not alone in hoping we can continue to enjoy and support their artistry and products in the future.

Matthew Purchase: Such a shame to hear Eaglemoss has filed for administration. My sympathies go out to all the staff involved. I had over £150 in pre-orders with them. Hope I can get something back or better, the products delivered.

Dankmiral Terence: Whatever the future holds for Eaglemoss I will be thankful for them for getting me into Star Trek comics. The collection, while cancelled just before the finish line was astonishing. Due to real life I've been off the comic front for a while and hope to jump back in soon

We look forward to finding out more as soon as possible, and our sympathies to those caught in the fallout.

 

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About Rich Johnston

Founder of Bleeding Cool. The longest-serving digital news reporter in the world, since 1992. Author of The Flying Friar, Holed Up, The Avengefuls, Doctor Who: Room With A Deja Vu, The Many Murders Of Miss Cranbourne, Chase Variant. Lives in South-West London, works from Blacks on Dean Street, shops at Piranha Comics. Father of two. Political cartoonist.
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