Cineworld cinema in High Wycombe is celebrating its 15th birthday amidst rumours that the global chain is facing closure. 

Cineworld, which is the second-largest cinema chain in the world, filed for bankruptcy and went into administration last year after suffering financial losses from the Covid-19 pandemic. 

The future of the High Wycombe branch, which is located in the Eden Shopping Centre, is hanging in the balance as the company holds negotiations with potential buyers. 

It was recently revealed, however, that Cineworld is in £5 billion worth of debt, throwing hopes of a rescue buy-out into doubt. 

High Wycombe's local branch is determined not to be deterred by closure fears, though, and has instead focused on celebrating the venue's 15th birthday.

The Cineworld in the Eden Shopping Centre is encouraging residents to pop down on Sunday, March 12, to see first-hand the dress-up gear and movie-related props on display to mark the occasion.

Moviegoers who buy tickets to any film currently showing, including 'Creed 3', Scream 6' and 'Cocaine Bear', will also be able to claim a free bag of popcorn. 

General manager at the branch, Glenn Goodwill, said: “I feel truly blessed to be leading this incredible team and cinema to celebrate our 15th anniversary in High Wycombe.

"Our whole team is excited to welcome our incredible customers to join in the festivities, have some fun and celebrate this fantastic milestone together.”

Jane, a Cineworld employee of over 10 years, added: “I’ve stayed with the company for so long because of the people.

"It’s a fun environment and seeing kids getting dressed up for films and families enjoying themselves is what I love about Cineworld.”

The global company currently employs 28,000 workers around the world, and concern for employee livelihood has been a focal point for residents amid closure rumours. 

READ MORE: Cineworld: High Wycombe residents react to closure rumours

Despite economic pressue, Cineworld has announced that it hopes to recover from bankruptcy in 2023.

A spokesperson for the cinema said: "The company is reviewing (buyer) proposals in conjunction with its advisors and key stakeholders.

“Whilst no decision has been made as to whether to pursue a sale transaction, and the terms of any transaction remain uncertain, based on the proposals received to date it is not expected that any sale transaction will provide recovery for holders of the company’s equity interests.”