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RESTAURANT GROUP SAVED BY A CVA

Licensed UK Insolvency Practitioners FREE Meeting for Company Directors We can help with serious company debts, HMRC and creditor pressure, VAT/PAYE/Tax arrears, cashflow problems and raising finance.

RESTAURANT GROUP SAVED BY A CVA


Following considerable business expenditure just before the recession, a group of restaurants were then hit by the economic downturn. The company experienced significant trading losses and faced substantial arrears, including HMRC. Our team of corporate recovery experts proposed a Company Voluntary Arrangement (CVA) which was subsequently approved by creditors.

Concessions made for the duration of one year, particularly by landlords, ensured all seven restaurants continued trading and saved 50 jobs.

Contact our team

Jonathan Munnery
Andrew MacKenzie
Julie Palmer
Thomas Mckay
Keith Tully
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