News
Here you can find CAPA’s latest appointments to undertake forensic audits, as well as instructions for property services from a range of blue-chip clients including retailers, insolvency practitioners, leisure operators, banks and venture capitalists.
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Levenseat Ltd (in admin)
Find out moreRenewable energy company Levenseat has collapsed into administration.
Levenseat Ltd, based in South Lanarkshire, have called in administrators BDO.
The company has operated an energy-from-waste plant in the village of Forth since 2020.
Administrators BDO have appointed CAPA to audit the property portfolio.
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GB eye Limited (in admin)
Find out moreGB Eye Limited, a poster manufacturer based in Barnsley, fell into administration last week, appointing Robert Dymond, Kris Wigfield and Phil Stone of Begbies Traynor as joint administrators. CAPA have been appointed to carry out a full property audit over all premises occupied by the company.
In accounts for the year to December 31 2023, the company reported turnover of around £9.4 million, up slightly from £9.2 million a year earlier, but saw its post-tax losses widen from £2.1 million to £3.6 million. -
B Taylor & Sons Transport Ltd (in admin)
Find out moreA haulage company in Nottinghamshire has gone into administration after 50 years of trading, with the majority of its staff made redundant.
B Taylor & Sons Transport Limited, based in Sutton-in-Ashfield, filed a notice of intent on Friday, with Benjamin Peterson and Danny Dartnaill of accountancy firm BDO confirmed as joint administrators on Monday.
The company, founded in 1974, has ceased trading with "immediate effect", BDO said.
In a statement, the administrators said B Taylor & Sons had been "negatively impacted by sector-wide issues", including reduced demand and cost inflation.
BDO have appointed CAPA to carry out a property audit over the various depots.
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Malpas Tractors (in admin)
Find out moreWelsh farm machinery dealer Malpas Tractors has gone into administration following cash difficulties and the recent death of its managing director.
The Wrexham-based business has been operating from 8 depots across Denbigh, Cheshire and Lancashire, offering machinery from brands such as New Holland, Kuhn, and Bomford.
Malpas Tractors employed 69 staff.
Joint administrators Patrick Lannagan and Richard Hough from Forvis Mazars have appointed CAPA to carry out a rates audit over the property base.
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Valentia Realisations Limited (formerly Jellyfish Pictures Limited) – in Admin
Find out moreAnimation and VFX studio Jellyfish Pictures has gone into administration.
Founded in 2001 and based in London, Jellyfish Pictures is an international studio, that has worked with clients including Disney, Netflix, DreamWorks, HBO, Sky, the BBC and Amazon.
In common with a number of other companies across the visual arts and creative industries, the Company had experienced challenging trading conditions for some time as a result of high cost inflation and the cumulative impact of the writers and actors’ strikes which caused projects to be delayed or cancelled.
In response to these challenges, the directors sought to undertake a review of their investment options, including exploring options for sale and refinancing, but with no solvent options available, they took the difficult decision to file for the appointment of administrators at the main UK trading company of the Jellyfish Pictures group.
Shortly before the appointment of the administrators, the Company ceased operations. As a result, and with no prospect of trade resuming, the majority of the Company’s 69 employees were made redundant. A small number have been retained by the joint administrators to assist them as they take steps to wind down the business. The joint administrators will be providing support to those impacted by redundancy as a matter of priority, including supporting them with claims to the Redundancy Payments Service.
Howard Smith, managing director at Interpath and joint administrator, said: “Sadly, this is the latest in a series of insolvencies across the animation and visual effects industry as studios up and down the country continue to battle fierce economic headwinds”. Interpath have appointed CAPA to carry out an audit over the companies property portfolio.
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QUICK REACH POWERED ACCESS LTD - In Administration
Find out moreOn 8 May 2025, Michael Magnay and Gemma Quinn of Alvarez & Marsal Europe LLP were appointed as Joint Administrators of Quick Reach Powered Access Ltd.
The Manchester based Powered Access Company with a wealth of experience in the plant hire industry operated from 8 locations.
CAPA have been appointed to carry out a full property audit over the portfolio.
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CASE STUDY – RATING CONSULTANCY
Find out moreOffices – Merseyside Region
Following the company entering Administration, the operation of the business continued to trade through under the management of the Administrator. Existing tenants remained in occupation under all-inclusive rental agreements, with business rates liability continuing as an expense of the Administration. A proposal was submitted to split the assessment into occupied and vacant parts. The savings to the Administration Fund to-date exceed £250,000 and will continue until the property is sold.
If you are an Insolvency Practitioner with a similar case, please contact us for further assistance.
For more information, contact:
Nicola Hainey
Head of Business Rates
+44 (0) 7513 126 129
nicola@capa.uk.com
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The crusty cob Ltd (in admin)
Find out moreThe family-run bakery chain, The Crusty Cob, which had nine locations in Devon and Somerset, announced its closure with immediate effect. The business, operated by the Tubbs family for 55 years, attributed the closure to factors including the current state of the bakery industry, shrinking customer base, and rising costs like inflation and wage increases.
The administrators Azets have appointed CAPA to carry out an Rates audit over the portfolio.
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R3 conference Malta 2025
Find out moreCAPA are very proud to be the headline sponsor for the 4th consecutive year of this prestigious event in gorgeous sunny Malta.
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Tangelo Management Limited t/a Grange Bakers
Find out moreTangelo Management Limited trading as Grange Bakers has entered into a CVL with Leonard Curtis Recovery Ltd appointed as liquidators.
Cumbrian business Grange Bakery has closed permanently, shutting all four of its shops due to the ‘current economic climate’, according to a post on the company’s website.
It operated four shops in the region on the edge of the Lake District serving up a range of sweet and savoury baked goods ranging from sourdough to celebration cakes, pastries, and more.
CAPA will carry out a rates audit over the outlets.