The administrators of two Scottish hotels famously used as wedding venues have called in CAPA to help maximise the sums recovered for creditors.
CAPA will be conducting a rates audit on the Burnhouse Manor Hotel in North Ayrshire and Crowwood House Hotel in North Lanarkshire, after corporate advisory firm FRP Advisory were appointed as administrators of both venues.
The parent company of the two hotels had been impacted by severe trading conditions and a significant tax bill which HMRC called in towards the end of 2018.
Ultimately, Iain Fraser and Tom MacLennan, corporate restructuring experts at FRP Advisory, were appointed as administrators of the two venues on December 4 2018.
They have now instructed CAPA to conduct the rates audit on both properties. CAPA’s auditors will use bespoke software to undertake a forensic analysis of business rates paid out. The team will inspect the data to discover any anomalies or errors, that enables them to secure refunds for the creditors of both venues, and maximise total recoveries.