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, leisure operators, banks and venture capitalists.
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Merry Christmas and Happy New Year!
Everyone at CAPA would like to wish you and your family a very Merry Christmas and a Prosperous New Year in 2025!
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HHGL Limited and Hampden Group Limited T/A Homebase
On 13 November 2024 HHGL Limited and Hampden Group Limited, operating under the brand Homebase, entered administration Gavin Park, Gavin Maher and Adele Macleod of Teneo Financial Advisory Limited were appointed as Joint Administrators. Homebase has 3600 employees and 133 stores across the UK.
CDS Superstores, which owns homeware retailer The Range, has bought 70 stores, saving around 1,600 jobs. It said that these will continue to trade as Homebase stores "over the next couple of months" before reopening as The Range stores.
Teneo said it's seeking a buyer for Homebase's remaining 49 stores.
CAPA have been appointed to carry out a full property audit over 147 sites throughout the UK.
CAPA Director Tony Sweeney advised - "It's great to be working again with Teneo on such an important retail portfolio".
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Plumbs limited (in admin)
A specialist textiles manufacturer based in Preston has been bought out of administration in a prepack deal that has secured 239 jobs.
Plumbs, a fourth-generation family business which specialises in furniture cover, curtain and reupholstery, has been acquired by a new trading company called Sarah Plumb.
The business, which has its headquarters in Ashton-on-Ribble, has faced "significant challenges" recently due to trading underperformance and increased operating costs, according to PwC, who were appointed as administrators earlier this month.
PwC has now completed a sale of the majority of the business and assets of the company to the new trading company. As part of the deal, all existing orders are being honoured.
PwC have appointed CAPA to carry out a property audit over the 5 properties occupied by the business.
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Aspen Phoenix Newcomer Ltd (in admin) t/a Paperchase
Begbies Traynor have appointed CAPA to carry out a full property audit over the 126 properties throughout the UK formerly occupied by Aspen Phoenix Newcomer Ltd ( in admin) trading as "Paperchase".
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Women into construction (in admin)
Women into Construction has ceased trading after 16 years.
The organisation has been promoting gender equality in the industry since 2008 but is now being closed due to a “challenging economic climate for both the charitable and construction sectors.”
The administrators CBW RECOVERY have appointed CAPA to carry out a rates audit over the companies offices.
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NanoSUN Ltd (in admin)
NanoSUN, the engineering company based in Lancaster focused on the development, manufacture and commercialisation of hydrogen refuelling products, has been placed into administration.
The administrators Forvis Mazars have appointed CAPA to carry out a property audit over the companies estate.
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Hatchet Harry's Ltd (in admin)
Hatchet Harry's, the axe throwing based venue with 8 venues throughout the UK, has entered into administration.
The administrators Opus Restructuring has appointed CAPA to carry out a review over its property costs.
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LCC Trans-Sending Limited enters special administration | FCA
Chris Laverty, Russell Simpson & Jarred Erceg of Grant Thornton UK LLP were appointed administrators of LCC on 18th June 2024.
CAPA have been appointed to carry out a property audit over the 9 offices occupied by the payment service firm.
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Globeducate
CAPA is pleased to be working with the independent schools group, Globeducate. Places at their schools are in such high demand that they are looking for an additional two premises in Central London. These can be either existing schools or buildings capable of conversion. For further requirements, please get in touch with Mike Sheath at mike@capa.uk.com
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OAKSURE PROPERTY PROTECTION LTD ( in CVL )
CAPA have been appointed to carry out a rates audit over 10 properties utilised by OAKSURE - the property management company by liquidators PKF Littlejohn advisory.