Jamie Italian Restaurants recently went into Administration and CVR Global’s Tom Gardiner, who specialises in the sector, thinks more could follow. Gardiner said: “While people in the centre of cities may eat our nearly every night, in other parts of the country this is not the case – in fact the anticipated boom in med-tier …
Restructuring & Insolvency Analysis: According to CVR’s Ian Defty, Varden Nuttall Ltd v Nuttall is a start reminder to both company directors and insolvency practitioners (IPs) of the duties that they owe both as fiduciaries and insolvency office-holders. To read the full article please click on the link below. Dishonesty in a professional capacity a …
Envy Haircare Limited has been purchased by the largest of the business’ existing investors and will now operate as Envy Logistics Limited. The firm was originally launched in Jesmond, Newcastle in 2010 and sells a range of 21 luxury haircare products to more than 2,000 global customers such as wholesalers, retailers and high end hairdressing …
Wendex Vehicle Rental, based on Barnham Street in central London, has seen its annual turnover rise from £2.8 million in 2015 to £4 million in 2017, but has fallen into financial difficulty while awaiting payment from a number of customers. The business was formed 20 years ago and hires out nearly 500 vehicles, ranging from …
National luggage and handbag retailer, Bags Etc Limited, which also traded as Domo, entered liquidation on 1st May 2018. The Company traded from 58 shops of varying sizes around the UK and Ireland, and called in CVR Global after experiencing financial difficulties, resulting in another high street retail casualty. The Harlow-headquartered retail specialist was formed in 2003 …
Cambridge firm, Bactest Limited, who convert the activity of micro-organisms into meaningful data for businesses has ceased trading. Bactest Limited, based at St John’s Innovation Centre on Cowley Road, entered administration on 9th May after failing to secure additional funding to keep the business functioning. The business was formed in 2001, had 126 investor shareholders and …