
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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Angel catering UK Ltd ( CVL)
OPUS business advisory group has instructed CAPA to carry out a rates audit on Kent based Angel Catering UK Ltd over its 9 business premises.
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Bedworld Factory Shop Limited (in admin)
Colin Wilson and Emma Mifsud, both of Opus Restructuring LLP, were appointed as joint administrators of Bedworld Factory Shop Limited on 10 July 2024.
Upon the appointment of administrators, the business and assets were sold to connected company Express Beds.
CAPA have been appointed to carry out a property audit over the 19 stores throughout the UK.
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AGO Hotels Ltd (in admin)
Matt Ingram and Elizabeth Welch of KROLL Advisory, Birmingham office, were appointed administrators of AGO Hotels LTD on 2/7/24.
CAPA have been appointed by KROLL to carry out a property audit on the long lease hotel operator based in Hertfordshire over its hotel portfolio.
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Carpetright Ltd (In Administration)
Zelf Hussain, Rachael Wilkinson and Peter Dickens of PWC were appointed as the joint administrators of Carpetright on 22 July 2024.
PWC has appointed CAPA to carry out an audit of the 273 properties occupied by Carpetright at the date of administration and any previously occupied property over the past 5 years including all retail stores, warehouses and offices, working alongside Chad Monerville of the PWC Real Estate team
Tony Sweeney who heads up CAPA's audit division: "We are delighted to be working with PWC again following our recent audit work on Wilko, Laura Ashley and Mothercare. Our instructions on both distressed and solvent portfolios indicates there are significant recoveries to be made on past property outgoings".
https://www.pwc.co.uk/services...
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Sponsoring Gordon Brothers 31st Annual Golf Tournament
CAPA were sponsors of the Gordon Brothers 31st Annual Golf Tournament in Boston which took place on July 15th 2024 at the Pinehills Golf Club in Plymouth, MA.
The Family Support Fund benefiting Boston Children's Hospital hosted the 31st Annual Charity Golf Tournament in memory of Bernice and Philip Frieze.
The fund raised another record-setting amount. The hospital can now distribute $700,000 annually, which is a $100,000 increase over last year, to help families cover their non-medical expenses. Over the last 31 years, the Family Support Fund has raised a total of $6.6 million.
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Senti Tech Limited (in CVL)
Senti Tech Limited, the organisation that runs health and social care services has entered into a CVL. Liquidators McTear Williams and Wood have appointed CAPA to carry out a property audit over the 5 properties occupied by the company.
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Start & Tremayne ltd (in CVL)
Retailer Start & Tremayne the fashion accessory retailer in Burton on Trent & Derby has entered into a CVL. Liquidators OPUS Restructuring has appointed CAPA to carry out a full rates review over the retail portfolio.
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Wriggly Monkey brewery (in CVL)
A Bicester brewery is closing its doors after six years due to cost increases and "significant disruption over the past few years".
The Wriggly Monkey Brewery announced its closure this week and urged people to support independent businesses.
In a statement, the business said: "It is with immense sadness that we must call time on The Wriggly Monkey Brewery".
The brewing industry and the wider hospitality sector has faced unprecedented cost increases and significant disruption over the last few years that have challenged the brewery’s viability going forwards.
Liquidators Bridgewood Financial Solutions Ltd have appointed CAPA to review the commercial rates on the 3 sites.
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Rivus Fleet Solutions Ltd (in admin)
Tim Higgins, Jane Steer and Zelf Hussain of PwC have been appointed as Joint Administrators of Rivus Fleet Solutions Limited (“the Company”). The appointment was made on 21 June 2024.
Immediately following appointment a sale of the majority of Rivus Fleet Solutions (“the Company”) and its assets was transacted to the Metropolitan Police Service (the Met) in a deal that safeguards 165 jobs and secures the delivery of crucial services to the Met.
Headquartered in Birmingham, the Company provided fleet management and repairs and maintenance services for fleets of light commercial vehicles. The Company’s main customer, representing over 85% of the business, was the Met, which will now deliver elements of the service in house
PWC have appointed CAPA to carry out a full property audit over the 16 locations occupied by Rivus Fleet.
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Caskade, Castlebarn and Grovemaze (in admin)
Begbies Traynor, the administrators of Caskade, Castlebarn and Grovemaze (in admin) have appointed CAPA to carry out a property audit over 52 sites trading as Taco Bell and KFC franchises.
It's understood the administrators have successfully sold 46 Taco Bell branches to Karali Group as part of a pre pack administration.