The liquidators of a technology provider for national rail companies have appointed CAPA to help boost recoveries for the firm’s creditors.

MacIntyre Hudson, the business advisory and corporate restructuring firm, has instructed CAPA to conduct rates audits of nine sites around the UK used by Smth Rail Signal Testers, which is now in liquidation.

The business had suffered various financial problems during the past year, having twice faced compulsory strike-off action at Companies House.

A winding up order was issued against the company in November 2021 and in January this year, the business entered liquidation with Georgina Eason and James Snowdown of MacIntyre Hudson appointed as liquidators.

They have quickly instructed CAPA to undertake the rates audits, meaning CAPA’s Audit team will use bespoke software to carry out a forensic analysis of information related to business rates paid out at the nine properties.

The team will interrogate the data to discover any issues or anomalies, before then recovering any overpaid sums for the creditors.

The liquidators of a technology provider for national rail companies have appointed CAPA to help boost recoveries for the firm’s creditors.

MacIntyre Hudson, the business advisory and corporate restructuring firm, has instructed CAPA to conduct rates audits of nine sites around the UK used by Smth Rail Signal Testers, which is now in liquidation.

The business had suffered various financial problems during the past year, having twice faced compulsory strike-off action at Companies House.

A winding up order was issued against the company in November 2021 and in January this year, the business entered liquidation with Georgina Eason and James Snowdown of MacIntyre Hudson appointed as liquidators.

They have quickly instructed CAPA to undertake the rates audits, meaning CAPA’s Audit team will use bespoke software to carry out a forensic analysis of information related to business rates paid out at the nine properties.

The team will interrogate the data to discover any issues or anomalies, before then recovering any overpaid sums for the creditors.