The administrators of a food supplier whose orders were wiped out by the pandemic have appointed CAPA to audit properties the business traded from.
CAPA will be conducting property audits at various sites that Adelie Foods occupied, after taking an instruction from administrators at Deloitte.
Adelie had been an employer of more than 2,000 staff, trading from more than 10 premises around the country. The business had previously been suffering due to pricing pressures in a competitive market, and its ability to cover its cost base. These issues were exacerbated when its order book from clients was heavily impacted by the enforced closure of restaurants.
In the end, Rob Harding, who has taken on major retail insolvencies including Oasis and Warehouse this year, and Richard Dawes of Deloitte, were appointed administrators on May 26 2020. The administrators have since been looking for a buyer of the business.
They have now instructed CAPA, meaning CAPA’s Audit team will now use bespoke software to carry out a forensic analysis of all property costs through the sites Adelie traded from.
The auditors will inspect the data on rates, utility bills, and property service management costs, to uncover any anomalies or errors, before recovering any overpaid sums for the food supplier’s creditors.