Pinewood Group, the film studios home to the new Star Wars and James Bond films, has launched a strategic review that could lead to it being sold for more than £250m.
The listed company has brought in Rothschild to advise on its options as it looks to "maximise value" for shareholders and build on its success to date.
"We believe Pinewood has the potential to build on the strong performance of the last few years to grow further both in the UK and internationally," said chief executive Ivan Dunleavy.
"The board is now looking to identify the best ways to create the appropriate capital structure to allow the company to realise its goals in the best interests of shareholders."
In a statement, Pinewood said the objective of a £30m fundraise last April was in part to fund the first phase of the Pinewood Studios Development Framework, an ambitious £200m mixed-use property scheme in Buckinghamshire, and also to "create a more diversified shareholder base" that would help push it to a Main Market listing.
But it added: "The shareholder register, however, remains tightly held, which has continued to stifle liquidity in the shares and has prevented the company from achieving its aim of obtaining a Main Market listing."
Pinewood's largest shareholder is Goodweather Investment Mgt, a Cayman Islands-registered business controlled by North West property giant Peel Group. Its second largest stakeholder is Warren James, the Greater Manchester jewellery chain.
Peel has attempted to take total control of Pinewood in 2011, but Warren James increased its stake to more than 25 per cent to block a full takeover.
Pinewood, which is chaired by former ITV executive chairman Michael Grade, currently has a market capitalisation of about £258m.
Image credit: Sony Pictures