Kenneth Branagh’s Renaissance film and theater company is closing down, according to press reports here.

In its seven years of existence, Renaissance produced three features –“Henry V,””Peter’s Friends” and “Much Ado About Nothing”– along with several stage productions of Shakespeare plays.

David Parfitt, co-founder of Renaissance with Branagh, said in a press interview published Wednesday that no further productions are planned, and that the company’s Soho office had been shut. He describe the end of Renaissance as “a great shame.”

However, the company’s leading lights have already gone on to bigger things. Parfitt and Branagh are working on “Mary Shelley’s Frankenstein” at Shepperton Studios for Paramount. Parfitt will move on to co-produce the film version of Alan Bennett’s play “The Madness of George III” with Stephen Evans, who put together the financing for “Henry V.”

According to Parfitt, “Henry V” is still $ 2.2 million in the red. The Renaissance film division is being kept open to receive revenues from “Peter’s Friends” and “Much Ado About Nothing,” which he hopes will cover the shortfall. All three movies were released by Samuel Goldwyn Co.

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