Company Voluntary Agreement

Carpetright woes as CVA activity results in £70.5m loss

Carpetright has reported a £70.5m loss before tax as a result of the cost and accounting impacts of the group’s…

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EXCLUSIVE: Mattressman accounts ‘disaster’

Mattressman has revealed that it entered a Company Voluntary Agreement (CVA) due to “inaccurate management accounts”, which led the company…

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More than 130 jobs cut as Mattressman enters CVA

Mattressman has announced it is to enter a Company Voluntary Agreement (CVA) which will see the closure of 14 of…

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House of Fraser focuses on ‘brand renewal’ ahead of CVA decision

House of Fraser is to renew its product and trade strategy as part of a transformation journey as its shareholders…

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EXCLUSIVE: Poundworld confusion as staff memo casts doubt on ‘closing down’ sale

Store managers at Poundworld are preparing to promote a ‘closing down’ sale, despite a staff memo circulated yesterday which cast…

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Eat avoids CVA decision following sales boost

Sandwich chain Eat has avoided making the decision to draft in advisors as recent closures and an increase in sales…

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New Look reports operating loss of £74.3m

New Look has reported an underlying operating loss of £74.3m in its latest financial results for the year to 24…

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Poundworld rescue talks collapse putting 5,000 jobs at risk

Poundworld is expected to appoint administrators today after last-ditch rescue talks collapsed leaving over 5,000 jobs at risk. The discount…

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Carpetright secures 92% of £60m CVA funds

Embattled retailer Carpetright has managed to secure the majority of the £60m funding it needs to fund its company voluntary…

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Mothercare vote mishap puts CVA under threat

Mothercare’s plans for a company voluntary agreement (CVA) to stave off further problems, have been plunged into uncertainty after a…

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