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CAPA are pleased to be retained by The Original Factory Shop. Please contact James Ratcliffe - James@capa.uk.com or Mike Sheath - firstname.lastname@example.org if you have any suitable opportunities.
The administrators of a wholesaler that managed logistics for personal care goods, that traded with clients in the Middle East, Africa, the USA and Europe, has instructed CAPA to audit the firm’s vast warehouses.
As the administrators of Excel Trading Group, MHA MacIntyre Hudson has instructed CAPA to carry out rates audits on the huge warehouses and other sites that the wholesaler traded from, to help boost recoveries for creditors.
Formerly based in Bolton, Excel Trading Group specialised in the trading of personal care and household products, such as soaps, shampoos, other bathroom items and cleaning products. Its market reach spanned the globe, with trading partners of household brands also spread across Asia and South America, as well as the middle eastern and western markets.
The administrators who saved a motor repair chain from collapse, after it was hit by a lack of trade during the pandemic, have appointed CAPA to audit sites where the business traded to recover further funds.
Begbies Traynor rescued Crossleys Accident Repair Centre earlier in 2022 by managing a sale of the business to a connected third party. The process involved a pre-pack administration that saved more than 70 jobs at the firm.
After it began trading in 1997 in the north west of England, the auto repair specialist developed into a successful business, reporting profits in the accounts every year up until 2020, when the pandemic took hold.
CAPA will be the main sponsor of this year’s R3 Annual Conference.
R3 Annual Conference 2022 will be held on 18th-20th May at Beaumont Estate, Windsor.
The conference will bring together industry-leading speakers with a wide range of sessions, representing all UK regions and all levels of the profession, providing you with the opportunity to gain insight into the latest developments and future challenges affecting the insolvency profession, along with 14 CPD hours of essential content.
More information on the conference can be found on R3 Website
CAPA is continuing to champion the outstanding achievements of corporate rescue professionals, by signing up as headline sponsor of the Turnaround, Restructuring and Insolvency (TRI) Awards for 2021.
CAPA is supporting the profession’s most prestigious awards programme, which celebrates the exceptional work and outcomes in the process of rescuing struggling businesses and saving jobs, as the economy recovers from the pandemic.
The TRI Awards marked a historic first last year in hosting a live, televisual awards ceremony in a London studio.
For 2021, as the awards programme reaches its 14th year, the TRI Awards will return as an in-person event, due to be held at the Hilton London Bankside on 9 December, capping a year in which business advisory firms have secured the futures for many businesses that have endured testing times.
The independent judging panel for the awards will again consist of corporate restructuring practitioners, lawyers, regulators, funders and other experts, all with decades of experience across the TRI space.
For more information, visit the TRI Awards website.