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This topic comprises 3 pages: 1 2 3
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Topic: Ilford (film manufacturer) goes bust
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Leo Enticknap
Film God
Posts: 7474
From: Loma Linda, CA
Registered: Jul 2000
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posted 08-25-2004 06:50 AM
The British film stock manufacturer Ilford went into administration yesterday, and is now up for sale. It was previously the world's largest remaining manufacturer of 35mm black-and-white film for still photography, with an approximate 60% market share. Link to story. The receivers are blaming the growth of digital still photography for declining sales.
I don't think they've sold motion picture film stock for a long time now, but even so I guess this is writing on the wall as far as the stills market goes. Coincidentally (or not, maybe), I heard today that Hendersons, the specialist b/w motion picture lab in London which specialised in archival duplication, is also now in receivership. I can't say that I'm hugely surprised, as it is well known that they've been in financial trouble for some years now. But it's a worrying development, nonetheless.
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Stephen Furley
Film God
Posts: 3059
From: Coulsdon, Croydon, England
Registered: May 2002
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posted 08-25-2004 07:57 AM
quote: Leo Enticknap
I don't think they've sold motion picture film stock for a long time now
FP4, HP5 and SFX were available in 16mm and 35mm until very recently, but a few days ago were listed on their website as discontinued.
I use mainly Ilford for black and white materials; I used to like Ilford film and Kodak paper back in the '70s, but Kodak dropped much of their paper range.
I use mainly Pan F and FP4 film, I don't like Delta, I prefer the more traditional films, but I think Kodak T-max is better than Delta.
Ilford still make an orthochromatic copying film, in sheets only, they still list a number of speciaalist emulsions as being available on glass plates, and they make a wider range of black and white papers than the other 'big' makers. I also use several of their developers, ID-78 is a nice warm-tone pint developer for example, but they are published formulae and I make them up myself anyway. Pan F and FP4 would be a loss if they stopped making them.
Ilford has been sold several times in the last couple of decades.
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Leo Enticknap
Film God
Posts: 7474
From: Loma Linda, CA
Registered: Jul 2000
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posted 08-25-2004 02:35 PM
quote: Scott Norwood
Is "administration" the same thing as what we call "bankruptcy" in the US?
A insolvent company is placed in administration; in Britain, only a private individual can be declared bankrupt.
quote: Link to definition
An administration order is a court order placing a company that is, or is likely to become, insolvent under the control of an administrator following a petition by the company, its directors or a creditor. The purpose of the order is to preserve the company's business and assets to allow a reorganisation or ensure the most advantageous realisation of its assets whilst protecting it from action by its creditors.
quote: Definition of 'bankrupt' as above
Someone against whom a bankruptcy order has been made and who has not been discharged from bankruptcy.
The administrator is a formally qualified individual appointed either by the court (in the case of compulsory administration) or by the company's board (in the case of voluntary administration) who will either:
- sell all or part of the business as a going concern;
- liquidate (i.e. wind up the business, sell off its assets and distribute the proceeds to creditors and shareholders, in that order), or
- restructure it to the point where it can begin trading again.
A company for which an administration order is in force is protected by law from creditors making legal attempts to recover their debts. I believe this is similar to Chapter 11 bankruptcy protection in the US; the main difference is that a company in administration cannot trade. I don't think there is any provision in UK law for a company to continue trading while legally protected from its creditors, but I could be wrong about that. AFAIK, in our system, either a business is solvent and can legally trade, or it isn't and it can't.
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It would not seem that that folks who love B&W film would be going digital but then I don't know. Was some portion of B&W film sales going to news photography? Digital has had a large impact there; less so art photography I would think.
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and to this day have all my large formnat "chromes" printed on Ilfochrome at a local lab here in SLC. They have a printer there that has 30 years experience with just this stuff! Ilfochrome(Cibachrome) sure beats the pants off anything Kodak ever came up with for reversal chrome printing.... in fact its hard to believe Kodak never came up with something to counter Ilfochrome..... perhaps patent protected or something.
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