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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Administrators of Jamie Oliver chain call in CAPA
Find out moreThe administrators of Barby, the company behind Jamie Oliver’s Barbecoa restaurants, have instructed CAPA to conduct a rates, rent and service charge audit on the company’s sites in London.
Peter Saville, Kevin Coates and Catherine Williamson of the business advisory and turnaround firm AlixPartners, were appointed as joint administrators of Barby on February 19 2018. The company operates two Barbecoa branded restaurants in the Piccadilly and St Paul’s areas of London.
The administrators’ instruction means CAPA will now undertake a forensic analysis of rent payments across the two London eateries. The team will use bespoke software to inspect the data and uncover errors or any anomalies, that enable them to recover cash for Barby’s creditors.
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CAPA instructed on national fashion retailer
Find out moreCAPA has been instructed to undertake a rates and accounts payable audit of properties at East, the fashion retailer now in administration.
Founded in 1994, East operated from 34 shops and 15 concessions in department stores across the UK, but it entered administration in January 2018 after a challenging trading environment during the final months of 2017.
Geoff Rowley and Phil Armstrong, partners at the specialist business advisory firm FRP Advisory, were appointed as administrators on January 29 and have now instructed CAPA to conduct the audits on all 34 stores.
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PwC calls in CAPA after major UK wholesaler collapses
Find out morePwC has instructed CAPA to undertake audits on nearly 60 sites at Palmer & Harvey – the wholesaler for 90,000 convenience stores – after the business entered administration.
Palmer & Harvey was one of the UK’s largest wholesalers up until late last year.
The company also acted as a distributor to a range of stores, from small corner shops to Britain’s biggest supermarkets, but administrators from PwC were called in last November after severe trading conditions hit the group.
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CAPA helps e-cigarette company start new chapter
Find out moreCAPA is aiding the recovery of an e-cigarette company where more than 70 jobs have just been saved in a rescue deal.
I-Vapo Ltd was rescued by restructuring specialists at Quantuma, the business advisory firm, in January 2018 after struggling with cash flow problems.
The Cambridgeshire-based business entered administration on January 23 but within 24 hours of going into insolvency, the administrator at Quantuma Carl Jackson managed to sell the business as a going concern to a new entity set up by the directors.
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Senior manager joins CAPA to build audit division
Find out moreCAPA, the property and audit consultancy, has appointed an experienced senior manager to lead the accounts payable team in its Audit division.
Steve Dodsworth is now spearheading the CAPA team that audits invoice data, across hundreds of branches, for a range of blue-chip companies including McDonald’s and Co-op.
His team undertakes a forensic analysis of accounts payable information to identify overspend and error, before recovering vast sums of cash for clients. His remit also includes growing this part of CAPA’s business.
With more than 20 years’ experience in auditing, Steve has previously worked with CAPA’s co-founder, Tony Sweeney, as well as the recovery audit firm PRGX where he led teams working with large retailers.
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Leonard Curtis entrusts CAPA with over 200 cases in 2017
Find out moreLeonard Curtis Business Rescue and Recovery has instructed CAPA on 220 cases during 2017, appointing the audit and property consultancy on some of its largest cases.
CAPA has worked closely with Leonard Curtis throughout 2017 to undertake a range of services including forensic audits of property service charges, utility bills and invoices owed to insolvent companies.
One of the country's largest corporate restructuring and insolvency practices, Leonard Curtis Business Rescue and Recovery operates from 14 locations across the UK. Across just March and February this year, it appointed CAPA to carry out work on 48 different firms.
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CAPA attend boxing dinner
Find out moreCAPA will be attending the boxing dinner at Radisson Blu Hotel in Glasgow on November 23rd with St Andrew's boxing club.
The event will showcase some of the hottest prospects in Scottish boxing and will also feature an interesting insight into the career of the current Hibernian FC manager Neil Lennon, who will be guest of honour at the event. -
CAPA instructed on Monarch – the biggest UK airline insolvency in history
Find out moreCAPA is set to play an important role in recovering cash for the creditors of Monarch, after the airline entered administration.
Monarch Airlines Ltd, which flew passengers to more than 40 destinations from the UK, and Monarch Travel Group Ltd, which offered package holidays, were placed into administration in October 2017. The two firms employed more than 2,000 staff.
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10 years of the TRI Awards: CAPA celebrates with the industry's elite
Find out moreThis month the Turnaround, Restucturing & Insolvency (TRI) Awards marked its 10th anniversary and as headline sponsor, CAPA was there to celebrate with those at the peak of their profession.
For a decade the TRI Awards has recognised the exceptional firms, teams and individuals operating across turnaround, corporate restructuring, corporate insolvency and the funding of business recovery.
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St. Andrew's Sporting club sponsorship
Find out moreCapa are again delighted to be a sponsor of St Andrews sporting club in Glasgow for season 2017/18
St. Andrew's Sporting Club is recognized as the home of Scottish boxing and has been for over 40 years.