
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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OTAQ group limited (in admin)
The OTAQ Group with decades of experience working with and developing products for offshore energy has been placed in administration.
Administrators Kroll have instructed CAPA to carry out a rates audit over the companies 8 properties.
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The 500 Club Birmingham
The 500 Club returns to Birmingham tomorrow Thursday 6th March at Vegabond Wines. 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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Completely Motoring Ltd, Thunder Road Motorcycles & John Wilkins (motor engineers) Ltd (in admin)
Family owned Staverton and Gloucester-based company Completely Motoring Ltd. (CM) that specialises in Vehicles and Motorbike sales has gone into administration and is seeking a buyer.
The firm was created in 2009 and has grown to become a major used and new vehicle reseller in Wales and the South West, employing 165 people across 14 showrooms and 11 locations.
To March 31 2023, the firm reported turnover of £78.4 million, up from £50.3 million, although pre-tax earnings fell from slightly over £1 million to £677,000.
After a difficult summer and financial issues, the group has gone into administration.
Azets restructuring partner and licensed insolvency practitioner Jonathan Amor, Matthew Richards, and Alessandro Sidoli of Xeinadin Corporate Recovery Limited were appointed joint administrators of Completely Motoring Ltd, John Wilkins (Motor Engineers) Ltd, and Thunder Road Motorcycles Ltd.
After their appointment, the joint administrators have invited interested parties to approach them as quickly as possible to ensure the group’s continuation.
Jonathan Amor said: “After weak summer sales, the group is struggling financially. Thus, the group is under administration to preserve it.
We are discussing sales with interested parties. We have received many expressions of interest and ask any further parties to contact us as soon as possible to secure the group’s future and save as much of the business and employment as feasible”.
Azets have appointed CAPA to carry out a property audit over 18 properties occupied by the various companies.
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Ecloud Electronic Cigarettes Ltd (in admin)
Mike Dillon and Hilary Pascoe of Leonard Curtis, Riverside House, Manchester office were appointed the administrators over the e-cigarette retail chain Ecloud Electronic Cigarettes Ltd, which previously operated from 13 outlets.
CAPA have been appointed to carry out a rates audit over the portfolio.
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Crepeaffaire Ltd (in admin)
The popular dessert chain Crepeaffaire has been sold in a prepack administration to Crepe Trading and Crepe Union.
Experts from business advisory firm Quantuma have secured the future of crêperie café chain Crêpeaffaire in a sale to Crepe Union and Crepe Trading. On 14 January 2025, Quantuma managing directors, Brian Burke and Elias Paourou were appointed as joint administrators of the Crêpeaffaire group of companies, comprising Crêpeaffaire Limited, Crêpeaffaire International Limited and Crêpeaffaire Holdings Limited.
It's understood 7 sites throughout England have been sold to Crepe Trading with 2 closing in Chester and Westfield/London.
CAPA have been appointed to carry out a rates audit over 11 properties.
https://www.quantuma.com/insights/quantuma-rescues-crepeaffaire-cafe-chain-out-administration
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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.