
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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Azets appoint CAPA
CAPA have been appointed to carry out a property audit on the 4 sites operated by Camile Thai restaurants.
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Schuh the footwear retailer appoints CAPA
The management of Schuh, the footwear retail giant, has appointed CAPA to carry out a full property audit and accounts payable audit on all past property outgoings including rent, rates and service charges over its 148 outlets.
The company has its HQ in Livingstone, Scotland.
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Begbies Traynor appoints CAPA
CAPA have been appointed to carry out a full property audit over the 43 locations of Welcome Nurseries Ltd (in admin).
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CAPA appointed by Insolvency practitioners Seneca
Top right limited( CVL) trading as Lemon Grass Thai restaurants and Issa Sushi has entered into a CVL.
CAPA have been appointed to carry out a full property audit over the chain of 12 restaurants.
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Interpath appoints CAPA on retail park giants
The Leeds office of Interpath has engaged CAPA to carry out a full property audit on the portfolio of TG Realisations (in administration), trading as "Tile Giant".
The Tile Giant chain operated throughout the UK with 82 outlets.
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Teneo appoints CAPA on retail chain
The administrators have appointed CAPA to carry out a fully property audit on this Scottish head quartered retail chain of 175 stores.
At its peak M&Co traded from more than 260 stores under its previous name as MacKays, with its HQ in Renfrewshire, Scotland.
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Why accounts payable audits should be mandatory
Take a read of Mike Sheath’s article published in the latest R3 Magazine, ‘Why accounts payable audits should be mandatory’. Mike highlights how recoveries can be meaningful, if not substantial, and should be embedded as part of a firm’s sensible business plan.
Read Mike's article here Why accounts payable audits should be mandatory
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CAPA appointed on yoga studio chain rescued by Quantuma
The administrators who saved a network of yoga studios have appointed CAPA to audit the premium London locations of the studios, as the business continues its recovery under new ownership.
Quantuma, the corporate restructuring, rescue and insolvency firm, has instructed CAPA to conduct rates audits on the premises where Triyoga’s studios were operated, as Quantuma looks for further ways to maximise returns to Triyoga’s creditors.
Having operated for more than 22 years, Tryioga provided yoga classes and workshops at various studios across central London, with sites located in Soho, Shoreditch, Camden, Chelsea and other affluent areas.
The company had initially been impacted by the pandemic, facing challenges in having to create contingency plans at speed for the lockdown restrictions.
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FRP appoints CAPA after adult education charity closes
The administrators of an insolvent charity that provided vital adult education and community services in under-privileged areas has appointed CAPA to audit the organisation, to help generate further returns to creditors.
FRP Advisory, the corporate restructuring and insolvency firm, has instructed CAPA to conduct rates audits on Aspire Sussex - which helped hard-hit communities across West Sussex with learning courses for residents.
The charity was set up in 2021 and employed more than 180 staff in Sussex – including 101 tutors who taught in their local communities.
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Interpath instructs CAPA after transformational deal with AI fashion specialist
The administrators of an AI-based online fashion chain, who orchestrated a deal to sell the retailer’s intellectual property to Marks & Spencer, have appointed CAPA to conduct audits on the business.
Interpath Advisory, the corporate restructuring and rescue firm, has instructed CAPA to carry out rates audits on premises occupied by Thread Online, a business that specialised in providing personalised clothes for customers using AI and their own stylists.
Thread Online had pursued a high-growth, high-spend strategy while it developed its AI-based technology, since its incorporation in 2012.