However, the band had only spent two weeks of publicity for the album before I.R.S. Records suddenly closed on 11 July 1996, making "All Set" the last release on the label. Shelly recalled "we were on tour and all the people we were working with suddenly got the phone call that there's no record company." He recalled that "Miles Goldham ["sic"] was trying to buy back his share from EMI/IRS, and he had backers in place, but then they decided, oh you can't have the R.E.M. stuff. As a result of that his backers fell through. So, he just threw his hands up in despair. He was left with no option but to close down the company."> As such, it left the band without a record label and, as a journalist from "Ear Candy Mag" recalled it, the album suffered for "a lack of promotion" and it was not a commercial success, not appearing in any country's national chart, although steady sales from the supporting tour upheld its popularity. The administration of the label was sudden, as at the time of the release of the album, Diggle had explained in an interview that "we signed for a couple of albums. We'll probably be touring the rest of this year, then a new album next year." The folding of I.R.S. Records meant that the band did not release a second album the following year; the band eventually released a new album, "Modern", three years after on Go-Kart Records.