liquidation

Earlier this month, China South City Holdings was handed a winding up order by Hong Kong's High Court, making it the biggest developer to be forced into liquidation since Evergrande.

Liberty Steel said the decision to put the firm into compulsory liquidation was "irrational".

"We are supporting the Official Receiver so that they are prepared to take the necessary steps should the company enter into compulsory liquidation," a statement said.

Emails sent to clients of Lucy Harrison Casting, seen by the BBC, state that despite the liquidation of Happy House Productions, the agency would "continue to operate".

Both ELC and Sable went into administration and voluntary liquidation at the end of 2016, owing a total of more than £4 million.