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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CAPA appointed by Insolvency practitioners Seneca
Find out moreTop 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
Find out moreThe 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
Find out moreThe 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
Find out moreTake 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
Find out moreThe 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
Find out moreThe 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
Find out moreThe 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.
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Resolve instructs CAPA on e-cigarette retailer’s administration
Find out moreThe liquidators of a nationwide retailer of e-cigarettes have instructed CAPA to undertake audits on the business, as it looks for opportunities to maximise returns to creditors.
ReSolve Business Advisory, the independent corporate restructuring and investment house, has appointed CAPA to conduct rates audits on 45 stores occupied by Slam Trading, which is now in liquidation.
Slam Trading had suffered prolonged financial problems due to the lockdown restrictions during the pandemic. The owners had tried to rebrand all stores in 2020 and opened a batch of outlets when restrictions were lifted, but after these continued to see poor sales the directors decided it was unviable for the wider business to continue trading.
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RSM appoints CAPA after saving 260 jobs at Shuropody
Find out moreThe administrators of shoe and podiatry retailer Shuropody have appointed CAPA to conduct audits on the business, after they masterminded a last-minute deal that safeguarded 260 jobs at the chain.
RSM UK Restructuring Advisory has instructed CAPA to continue a rates audit on around 40 sites occupied by the retailer, as the corporate restructuring and rescue firm looks to boost recoveries for creditors.
CAPA had previously been instructed to audit data on business rates paid out at more than 40 properties at Shuropody, which has been in administration before and undergone two company voluntary arrangements (CVAs), as it tried to navigate tough high street trading conditions and the pandemic.
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CAPA to audit 150 sites as 1,400 jobs saved at clothing retailer
Find out moreThe administrators who saved jobs at a clothing, footwear and garden retail group have instructed CAPA to audit 150 locations where the business traded from.
Interpath Advisory, the corporate restructuring and advisory firm, has appointed CAPA to undertake business rates audits on premises occupied by the Joules Group, after the retailer was rescued via a sale out of administration to a new owner.
The business operated in Oxfordshire, with a turnover of £200mn and more than 1,600 employees, selling its products worldwide via e-commerce platforms, as well as through 122 stores, four concessions and three franchise outlets.