They show how one of the firms associated with organiser Heritage Live pledged almost the entire company as collateral for a loan from a business lender just days before cancelling the concerts. Heritage Live scrapped the festival on Monday, citing low ticket sales and a financial rescue package falling through. Heritage Live is organised by GCE Live. Giles Cooper OBE is the sole director and person with significant control of the companies Heritage Live Limited and Giles Cooper Entertainment Limited. However, Heritage Live has said fans will receive refunds.