Bankruptcy
After having published Call of Cthulhu: Dark Corners of the Earth, Headfirst had problems with publisher Bethesda Softworks regarding finances. Some time after that about half of the company left, so the second project's team (Call of Cthulhu: Destiny's End), along with some people from the CoC:DCotE production team, stayed on board trying to keep working on the project, porting it to the next-gen consoles, while the directors were trying to secure a publishing deal for the game. After several months of struggle the company went into administration.
After that most unfortunate event, majority of staff have left to other West Midlands game companies, namely Codemasters, Eurocom and Sega Racing Studio. In February 2006, Headfirst Productions went into administration in an effort to pay off outstanding debts owed because of production costs associated with the many years of Cthulhu development, and other unsigned projects. Assets were liquidated, employees were laid off, and the company was dissolved less than a month later.
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