CAPA has been appointed to audit 51 sites occupied by Shuropody, the UK’s largest private provider of chiropody and podiatry services.
The ‘live audit’ has been instructed by the board of the national chain, which operates more than 100 podiatry clinics across 50 stores and serves more than 300,000 patients around the UK.
The outlets are operated by a company that previously bought assets of Shuropody out of administration, saving a number of jobs in the process and keeping the business trading.
Shuropody initially entered administration in December 2018 after it was affected by an increase in the number of loss-making stores, as well as a downturn in footfall when the ‘beast from the east’ cold weather storm hit the UK that same year.
At the time Michael Chamberlain, founder of the business recovery firm Michael Chamberlain & Co, was appointed administrator. He previously instructed CAPA to audit sites run by the chain to help boost returns to creditors.
Now that a number of stores are trading, having been bought out of administration, the new company operating the business has now appointed CAPA on a second, separate occasion.
The instruction will see CAPA’s Audit team conduct a forensic investigation of business rates paid out at the 51 sites, using bespoke software to identify instances of overpayments in the data. Any overspend will be recovered for Shuropody on a no-win, no-fee basis.
