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Youth-focused production company Peggy Pictures has closed after eight years.

Co-founders Danni Davis and Ida Bruusgaard confirmed the news on a LinkedIn post.

The Manchester company, which received backing from the BBC Small Indies Fund in 2022, was named after three inspiring women called Peggy: Mad Men's Olson, art collector Penny Guggenheim and EastEnders matriarch Peggy Mitchell.

The indie produced series for Radio 1, CBBC, BBC3 and BBC3, with its final commission, What Freya Did Next, airing on CBBC last October.

Davis and Bruusgaard singled out highlights including their debut TV commission, Mimi on a Mission: Sex Ed, a CBBC series that was the first collaboration of several collaborations with presenter Mimi Missfit.

Peggy also co-produced Grierson Award-winning BBC Storyville doc The Trials of Ratko Mladic with Sandpaper Films and worked with TikTok talent including Fats Timbo – now one of Channel 4’s Paralympics reporters – on BBC3 scripted comedy Laugh Lessons.

The indie also secured access to The Church of Jesus Christ of Latter-day Saints for the BBC2 doc The Mormons are Coming,

“We worked hard, we had fun, we survived Covid, we learnt a lot, we made mistakes, we had highs and lows, but above all, as  two good friends with shared values, we worked with some ace people to make TV we’ll be forever proud of,” Davis and Bruusgard said in a statement.

Prior to Peggy, Davis [main picture, right] had worked for a string of indies, including Maverick, North One, Century Films, Dragonfly and Shine.

Bruusgard previously freelanced for the likes of Blast! Films, Tigress and North One and was spent two years as a producer for Nordic company Medieoperatøene before teaming up with Davis.