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Spark Medical Ltd (in admin)
Find out moreSpark Medical Ltd has been sold in a pre-pack deal that saved around 375 jobs, according to administrators. The company, which is headquartered in Bromborough, the Wirral, provides ambulance services across the North West of England.
Spark employs 97 members of staff and numerous subcontractors, operating as many as 50 medical vehicles daily. it has its own fleet of modern, fully-equipped ambulances and a team of highly-trained and qualified staff, and works in partnership with the NHS and private companies.
In August last year, the company acquired Medi 4 Ambulance Services, which provides a broad range of patient transport and pre-hospital care solutions across the south of England, and also has a substantial ambulance fleet.
But in recent times, the combined business had been hit with increased cost commitments and ongoing capital expenditure alongside a drop in revenue, which created pressures on cash flow, administrators RSM UK Restructuring Advisory said.
This led to a creditors’ Administration application being issued on January 19 this year. Lee Van Lockwood and James Miller, both of RSM UK, were appointed as joint administrators.
RSM have appointed CAPA to carry out an rates audit over the property portfolio.
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Gordon Brothers Inaugural Charity Golf Tournament, which supports the Jon Egging Trust
Find out moreCAPA were delighted to be the tournament sponsor of the 2nd Gordon Brothers Inaugural Charity Golf Tournament on June 10th, which supports the Jon Egging Trust (JET) which is a UK-based charity focused on supporting young people facing challenges in education and personal development. The funds raised from the golf day directly support JET’s Blue Skies Programme, a three-year intensive intervention for students aged 12 to 15 who are at risk of disengaging from education.
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Lavval Restaurants / Spaghetti House (in admin)
Find out moreLavval Restaurants, the group behind Spaghetti House, appointed corporate finance specialist BTG as administrators.
Administrators were hired to help wind down the business and have since shut its remaining five sites, all based in central London.
It is understood the company had already shut three sites in recent months, based in Mayfair, Goodge Street and Fitzrovia.
Spaghetti House was founded by Simone Lavarini in 1955 and remained owned by the family.
The group’s Knightsbridge branch was in the media spotlight in 1975 when three robbers took the restaurant’s staff hostage following a failed robbery.
Luigi Lavarini, executive chairman and chief executive of Lavval Restaurants, said: "After 70 years of serving our loyal customers, it is with a heavy heart that we announce Lavval Restaurants Limited has entered administration and will cease trading".
BTG have appointed CAPA to carry out a full property audit over the 7 properties.
R3 2026
CAPA are very proud to be main sponsor of 2026's R3 Annual Conference.
The R3 Annual Conference 2026 is taking place at the Marriott Budapest Hotel between 6 – 8 May.
The conference programme will cover topics from across the profession and there will also be an exciting range of social and networking activities bringing delegates together. The conference will host around 250 delegates from across the UK’s leading restructuring, turnaround and insolvency profession.
More information on the conference can be found on R3 Website
The 500 Club
CAPA are proud to be joint hosts of the 500 club. The 500 Club is a series of informal networking events. The invitation-only events are held throughout the year at locations across the UK, including London, Manchester, Birmingham, Leeds, Glasgow, Bristol and others.
The 500 Club events bring together like-minded professionals from the legal, insolvency, finance and property sectors (and more) for drinks, nibbles and, most importantly, good conversation. Typically, you can expect to meet lawyers, insolvency practitioners, lenders and related professionals at The 500 Club events. The 500 Club - Networking events - ESA Risk
