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Company Voluntary Arrangements


4

Dec

The Changing Face Of The UK High Street

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Posted by:     |     Category: Blog, Company Voluntary Arrangements
UK high street

2018 will be known for the year that the look of the UK high street transformed month on month. It’s a year where the struggles of some big brand names were put directly under the spotlight for all to see. Sadly many of them did not recover. As we enter the final weeks of the year, our local high streets lost over 700 stores and left over 35,000 people without a job from retailers including Toys R Us, House of Fraser, New Look...

13

Jul

The future continues to look bleak for High Street retailers

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Posted by:     |     Category: Blog, Company Voluntary Arrangements
high street retailers

If the first half of year is anything to go by, we’re likely to see more High Street names hit the headlines announcing store closures and job losses. 2018 seems to be the year that popular businesses have had to finally address their financial problems head on. Over the last few months, big names like Marks & Spencer, House of Fraser and Mothercare have all announced store closures as part of CVA discussions with their creditors....

7

Jun

House of Fraser closing the doors on 31 stores in rescue deal

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Posted by:     |     Category: Blog, Company Voluntary Arrangements
house of fraser

Headlines are dominated this morning by another big high street name announcing its intent to close a number of stores in a bid to survive. House of Fraser will close half of its 59 stores in the UK, with potentially 6,000 people losing their jobs. The House of Fraser stores at threat of closure have been named as: Altrincham • Aylesbury • Birkenhead • Birmingham • Bournemouth • Camberley • Cardiff • Carlisle •...

30

Jul

5 Strategies for a Successful Turnaround in Business

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Posted by:     |     Category: Blog, Company Voluntary Arrangements

The business world is full of successful turnaround stories. In 1997, Steve Jobs came back to a struggling Apple Computer and turned it into one of the largest, most cash-rich companies in the world. Walt Disney faced millions of dollars in debt in the 1930s before turning his studio around with “Snow White and the Seven Dwarfs” in 1938. Real estate mogul Donald Trump neared bankruptcy in the early 90s before rebuilding his...

6

Mar

The 7 Biggest Benefits of a Company Voluntary Arrangement

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Posted by:     |     Category: Blog, Company Voluntary Arrangements

Is your business experiencing a cash flow crisis? Not all insolvent businesses have an unviable business model – many are viable and potentially profitable companies that have simply run into a temporary financial setback. When your viable business becomes insolvent, it has several options for reducing its risk of being subject to legal action from creditors and working out an arrangement to repay its debt over time. These options...


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