Just a quick note to say a big thank you to all the staff at KSA, our CVA was passed today by creditors voting in an overwhelming number including HMRC to accept the proposal as prepared by KSA.
The road to reach today’s conclusion has been bumpy, but at each stage your team has supported and guided us through the issues and we have reached a very satisfactory outcome to the benefit of customers, staff, all creditors and shareholders.
News
Clas Ohlson to close UK stores
In another blow to the High Street Clas Ohlson has announced that it is to close...
Smallbone of Devizes in administration threat
Canburg the parent company of Smallbone of Devizes, the maker of luxury kitchens...
Mothercare Restructure their Watford head office
It has been announced that 200 roles are to be axed from Mothercare’s Watford...
Berketex Bride has gone into administration
13 shops in the UK and one in Dublin will be closed from Tuesday and will not...
Restructuring Experts called in for Cafe Rouge. Could a CVA result?
Casual Dining Group, owners of Café Rouge, Bella Italia and Las Iguanas have...
Crawshaw Butchers Collapses into Administration
High street butcher chain, Crawshaw, calls in administrators after failing to...
Could the UK Retail High Street be saved?
On Monday, in the budget, Chancellor Phillip Hammond is set to announce a £1.5bn...
Toy Retailer Hamleys to go for sale?
Just a few days ago, Hamley's, the worlds most famous toy store, reported...
Record annual losses for Debenhams leads to 50 planned store closures
Following their reluctance to comment earlier this week on Debenhams'...
Supplier's losing credit insurance in the retail sector
It has been reported that Atradius, Coface and Euler Hermes, who are the largest...
Claire's considering a CVA
Rumours a have surfaced that Claire’s is considering closing some of their 350...
Coast Collapse into Administration
Coast becomes the latest fashion chain to collapse into administration.
Last...
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