
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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Crafters Companion Ltd (in admin)
Interpath advisory the administrators for the retailer Crafters Companion Ltd have appointed CAPA to carry out a property audit over the portfolio. https://www.crafterscompanion.co.uk/pages/press-release
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The 500 Club returns to London
The 500 Club returns to London tomorrow Thursday 13th February at Davy's Wine House, High Holborn. This is the first of 5 London events planned for 2025.
As always, you can expect a fun evening of refreshments and informal networking with insolvency, law, finance and related professionals.Find out more about The 500 Club here The 500 Club - Networking events - ESA Risk
CAPA are co-hosts with ESA risk and Asertis of The 500 Club, if you would like to join us at this event send an email to events@the500club.co.uk
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Heart with Smart Ltd (in admin)
The UKs largest Pizza Hut franchise operator in the UK has been rescued.
Heart with Smart Ltd formerly trading as Pizza Hut (UK) Ltd, the largest dine-in pizza hut franchise operator, has been acquired by Directional Capital in a pre-pack transaction. This has ensured the continued operation of 139 PIZZA HUT restaurants throughout the UK and safeguards over 3000 jobs.
Will Wright and Chris Pole of Interpath Advisory were appointed as joint administrators of Heart with Smart Ltd on 16/1/2025.
CAPA have been appointed to carry out a full rates audit over the past and present Portfolio which includes 177 properties.
Tony Sweeney – CAPA Director – "Great to be working again with the Interpath team – hopefully through our rates audit and rating appeal services we can identify refunds for the administration".
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Sanford Group Ltd T/A Wandsworth Sash Windows
Nottingham based window manufacturer Sanford Group Ltd trading as Wandsworth Sash Windows has entered into a CVL with Bridgewood Financial Solutions appointed as liquidators.
Bridgewood have appointed CAPA to carry out an rates audit over the 7 company premises.
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Welcome Skills Ltd (in CVL)
Welcome Skills is an Award Winning Recruitment & Training Company for the catering industry.
Welcome Skills have been awarded with the Catey Award in 2017 for ‘Best in Education & Training’ and is accredited by the Craft Guild of Chefs and a member of the International Hospitality Council.
Mercer and Hole have been appointed liquidators and requested CAPA carry out a property review over the companies 6 properties.
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Southerns Broadstock Ltd
Southerns Broadstock, which supplies office furniture to corporate, health, education, and retail sectors, entered administration on 20 January 2025. Joint administrators Michael Magnay and Mark Firmin of Alvarez & Marsal Europe LLP were appointed to oversee the process.
The company faced lower-than-expected sales in the first quarter of FY25, largely due to financial struggles within the higher education sector in 2024. Delays in projects and cash flow pressures led to a decline of around 35% in sales for the five months to November 2024.
It was subsequently sold to Southerns Broadstock Interiors Limited, a connected party incorporated on 9 January 2025. The sale ensured the transfer of 79 employees under TUPE.
Alvarez & Marsal have appointed CAPA to undertake a rates audit over the 6 properties occupied by the business.
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Scott's Limited (in admin)
Formerly trading as "Scott's of Stow", the online retailer Scott's Ltd has entered into administration with Resolve Advisory Ltd being appointed as administrators.
CAPA have been appointed to carry out a rates review over the 6 properties previously occupied by the company.
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Second Home Ltd (in admin)
Coworking company Second Home has entered administration, and is due to undergo a management buyout. Founded in 2014 by Rohan Silva, a policy advisor to former UK prime minister David Cameron, Second Home appointed administrators on December 7th after a troubled few years.
Administrators FRP have appointed CAPA to undertake a rates audit over the 5 properties occupied by the business.
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Caledonian Logistics Ltd (in admin)
Caledonian Logistics has called in the administrators just two years after being acquired by Staffordshire-based company Drac Logistics.
The company blamed ‘challenging trading’ conditions and a lack of funding support from its parent company.
Caledonian Logistics employs around 130 staff and has an operating licence for 80 trucks and 103 trailers. The Palletways member has depots in Inverness, Cumbernauld, Oldmeldrum and Kintore.
Joint administrators Donald McNaught and Graeme Bain of Glasgow-based accountancy firm Johnston Carmichael were appointed by Caledonian Logistics on 28 November.
A spokesperson for Johnston Carmichael confirmed the appointment of the joint administrators and added: “This follows a period of challenging trading after the company was acquired in October 2022 which was subsidised by its parent company.
Johnston Carmichael have appointed CAPA to carry out a property audit over the depots occupied by the company.
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The 500 Club starts another year of networking
The 500 Club kicks off another year of networking starting off with North Westward Ho in Manchester on Thursday 6th February.
With ourselves, Asertis Ltd and ESA Risk as co-hosts alongside other likeminded professionals across the legal, finance, insolvency and related industries.
We're expecting a great turn out for this one, so if you'd like to join us, please let us know at events@the500club.co.uk