Commercials editing house, Marshall Street Editors, has announced that it is to close after 27 years in operation.
The announcement was made by founders John Mayes and Tim Thornton-Allan in a post on Instagram citing factors including a 40% increase in rent on its Soho base in Carlisle Street.
The pair said
Sadly, we have made the difficult decision after 27 years to close Marshall Street Editors.
Despite our best efforts to continue trading, the landscape has changed and along with the rising costs and a 40% rent increase it is no longer viable for the company to operate sustainably. This decision has been incredibly difficult to make and taken only after looking at all options and careful consideration.
A creative company is all about the people who work in it and what an amazing number of people have been part of the Marshall Street family. Thank you all! The pride you brought to your work every day has been incredible and we are forever grateful. The success and reputation of this company was built on your effort, integrity and teamwork. We have almost three decades of the most wonderful memories.
To our clients and partners, thank you for your loyalty, support and the opportunity to work with you. Your trust means everything to us, and it has been an honour to be part of your journey.
Whilst this chapter is coming to a close, the relationships, achievements and memories we have built, will continue. We are proud of what we have all accomplished together.
Thank you all
John and Tim
Jon Creamer
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