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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REGIS MUTUAL MANAGEMENT LTD (in admin)
Find out moreInsurance management company Regis Mutual Management Ltd has entered into administration with UHY Hacker Young appointed as administrators.
CAPA have been appointed to carry out a rates review over Regis Mutual's 3 offices.
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WAECP REALISATIONS 2025 LTD (in admin)
Find out moreKroll have been appointed as administrators of aerospace industry manufacturer WAECP formerly trading as WALKER AEC (POOLE) LTD.
The company manufactured a range of flight controls, landing gear components, and hydraulic manifolds and valve bodies for the aerospace market.
CAPA have been engaged to carry out an Rates audit over the 4 bases.
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Ashley Manor Upholstery Ltd and Alexander & James Sofas (in admin)
Find out moreUK upholstery manufacturer Ashley Manor, and British-designed import business Alexander & James Sofas, both owned by TCM Living Group, have announced that they have entered administration through liquidation following an unsuccessful search for new ownership.
Ashley Manor operates as a UK-based manufacturer of upholstered furniture, while Alexander & James is TCM Living's import business, with British-designed sofas manufactured in Thailand and distributed to retailers across the UK and internationally.
TCM Corporation, the parent company of TCM Living Group, acquired Ashley Manor and Alexander & James as part of its expansion in the UK furniture sector. Ashley Manor has long been a significant employer in UK furniture manufacturing, while Alexander & James built a reputation for combining British design heritage with international production capabilities.
The administrators OPUS Restructuring and Insolvency have appointed CAPA to carry out a rates audit over the companies various premises.
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Crerar hotel group
Find out moreCAPA have been appointed to carry out a full property audit over the Crerar hotel group portfolio of 10 luxury hotels including
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Inaugural Gordon Brothers Charity Golf day Sponsors
Find out moreCAPA was proud to sponsor the Inaugural Gordon Brothers Charity Golf day on 10th September 2025 at the exclusive Brocket Hall, Melbourne Club, UK. The event raised funds in support of the Jon Egging Trust.
Guests enjoyed a day of golf, concluding with a dinner, an auction with ‘money can't buy’ prizes, and a prize giving celebrating the golf stars of the day.
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Rectella Ltd (in admin) T/A Julian Charles
Find out moreJulian Charles, the national soft furnishings retailer, has appointed Marco Piacquadio and Alan Coleman, directors, FTS Recovery, as joint administrators. On appointment, Marco and Alan were able to immediately complete a sale of the Company’s business and assets to Great Bedding Co Ltd, rescuing a total of 230 of 251 jobs across more than 25 trading sites, plus separate concession sites.
The insolvency firm, a leading boutique restructuring practice in the UK, has completed the pre pack sale following an accelerated marketing process.
Marco Piacquadio, Director FTS Recovery, said: “As is typical when parachuted in, we were focused on seeking to rescue as many elements of the business as is possible, always front of mind being the position of the employees, consumers and other creditors and stakeholders. This was a relatively complex transaction with significant scale and the ability to move quickly was key. I am grateful to have achieved a really pleasing result given the circumstances and we wish the new owners and remaining staff and stakeholders the very best going forward".
Julian Charles is a national multi-channel retailer, offering a wide range of quality bedding, ready-made curtains, cushions, throws and home décor accessories. Founded in Lancashire in 1947, the company has 70 outlets across the UK and operates 41 stand-alone stores, plus concessions such as Boundary Mill and in leading garden centres. It employed over 250 staff.
In recent years the company has suffered a number of economic headwinds which have resulted in cash-flow difficulties and left it unable to meet all its current liabilities.
Aside from a significant drop in turnover, the company is mindful of the impact of the increasing tax burden, particularly those announced in last October’s budget, having a direct impact on its bottom line as a result of increasing employment costs.
Alan Coleman, Director FTS Recovery, said: “A devastating combination of rising costs and declining consumer confidence have hit the UK’s retail sector hard in recent years, Julian Charles included.”
CAPA have been appointed to carry out a Rates audit over the large retail portfolio.
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Sleep 8 Intrinsic Ltd (in admin)
Find out moreSleep.8, the global sleep technology brand, has announced an update to its retail footprint, with the closure of its UK store locations "as part of a broader strategic realignment across Europe".
Sleep.8 Intrinsic Ltd, the company's UK business, filed for administration yesterday. Frank Wessely and Richard Easterby of Quantuma Advisory are acting as the insolvency practitioners.
The decision follows a period of ongoing operational challenges in the UK, says Sleep.8, where the retail climate, particularly in London, has become increasingly cost-prohibitive: "While the company remains committed to its long-term vision for personalised sleep, current market conditions do not support continued retail investment in the UK."
As part of this transition, five of Sleep.8’s six stores in London were closed yesterday. The Thurrock location will remain open for four weeks to support final in-store purchases and facilitate an orderly clearance of inventory.
CAPA have been appointed to carry out a rates review and audit over the 6 stores.
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In the style fashion limited (in admin)
Find out moreIn The Style Fashion Limited, a Manchester-based online fashion retailer, has been rescued from administration through a pre-pack sale to Alps Sourcing Limited. FTS Recovery was appointed as administrators on March 10, 2025, and successfully negotiated the sale, saving 87 jobs. The company, known for celebrity-inspired fashion, had faced financial difficulties, including a period of troubled times following its peak valuation and subsequent delisting.
FTS have appointed CAPA to carry out an audit over the companies property portfolio.
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Pets & Friends
Find out moreKennelbak Limited, a Nottingham-headquartered wholesale supplier and distributor of pet food, entered administration on 3 July, with Kerry Bailey and Mark Thornton of BDO appointed as joint administrators.
The company, which was founded in 1974, was acquired by private equity firm Endless in 2017. Endless has since sold Kennelbak’s retail division, Pets & Friends, made up of 19 stores and 17 grooming salons, to PSR Trading. The reasons behind the administration have not been revealed. On their appointment, the joint administrators sold the Yakers dog chew brand to Asisi Pet Carevia a pre-pack deal.
CAPA have been appointed to carry out a property audit over the complete portfolio.
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Path Business Recovery t/a AMS Business Recovery Limited
Find out moreManchester based Path Business Recovery t/a AMS Business Recovery Limited has instructed CAPA to carry out a rates review over 136 new cases.
A big thank you to Phil Lawrence and his team at Path for these instructions and continued support from us at CAPA.