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Category Archives: Restructuring and Recovery

House of Fraser and what the pre-pack entails

David Tann

24 August 2018

House of Fraser’s sale to Sports Direct has brought pre-pack sales back into the spotlight. The process associated with the pre-pack is often criticised, but is also often misunderstood. Why was the sale of House of Fraser managed this way, … Read More >>

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Overtrading: Why it could be a risk to your SME

David Tann

29 May 2018

When starting a business, every owner wants to see a healthy amount of growth, but, taking on too much at once, or overtrading, could actually do more harm than good. What is overtrading? Usually, overtrading occurs when businesses try to … Read More >>

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Company Voluntary Arrangement: remedy or cure for retailers’ ills?

David Tann

23 March 2018

The recent Company Voluntary Arrangement (CVA) of fashion chain, New Look, Carpetright apparently also looking to follow suit and House of Fraser and Mothercare reporting problems, the retail landscape is heading for further unrest. What is a CVA? How do … Read More >>

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Toys R Us: Is it time retailers learnt a different game?

David Tann

06 March 2018

It has been a gloomy start to 2018 across the UK retail landscape. We recently heard the news that electronics retailer, Maplin, and international toy retailer, Toys R Us, had both fallen into administration following a struggle to keep up … Read More >>

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Carillion collapse – how could it happen?

David Tann

30 January 2018

The inevitable recriminations surrounding the collapse of Carillion have only just begun, with a Parliamentary committee sitting, an FRC investigation into the audit, consternation about the payments to former directors, the deficit in the pension schemes and the award of … Read More >>

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Carillion Collapse – does it affect you?

Anthony Cork

17 January 2018

News of the collapse of Carillion is sending shock waves throughout the construction sector as well as other industries. Thousands of suppliers and sub-contractors face the prospect of not being paid for work that has already been completed and invoiced. … Read More >>

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The collapse of Monarch – Should the law be changed to soften the blow?

David Tann

04 December 2017

The collapse of Monarch Airlines caused a shock across the airline and tourist industry. The reasons for the collapse have been well covered in the media. A fatal combination of a fall in passenger numbers to destinations such as Turkey, … Read More >>

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The collapse of Monarch

David Tann

09 November 2017

The recent collapse of Monarch Airlines caused a shock across the airline and tourist industry. It seems that a fatal combination of a fall in passenger numbers to destinations such as Turkey, Egypt and Tunisia, the fall in the pound … Read More >>

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Retailers’ supplier insolvencies are tripling and crippling

David Tann

30 May 2016

According to a recent news article the number of food production companies entering into administration tripled during 2015. Around 162 companies declared themselves insolvent as the age-old war on prices allows the big supermarkets to squeeze the life out of … Read More >>

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Tis the season… for insolvency?

David Tann

It isn’t just the warmer winter weather that retailers have been feeling this season as reports of widespread tough trading in the lead up to Christmas has cast a shadow over the trading landscape. You might not think that the … Read More >>

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