Will the high street ever be the same?
Simon Thomas, Partner at Moorfields, explores where the issues really lie for retailers and restaurateurs in wake of recent closures and CVA’s.Read more>
Moorfields appointed administrators over CP100 formerly known as CopperEye Limited
Simon Thomas and Fred Satow of Moorfields Corporate Recovery were appointed joint administrators of CopperEye, an enterprise data management solutions business with offices in Bristol, UK and Boston, USA. The company offers a data management solution that provides SQL query access to the log files of busienss transaction data stored in flat files; the company also offers a search solution that enabled business users to find and retrieve specific transactions; all comprising secure data retrieval. The company has customers located across the globe with turnover of £1.4m in 2010 and over 100 filed patents. Moorfields were instructed by the directors to find a purchaser for the business and secure a sale within a limited time frame of three weeks. A marketing campaign was undertaken identifying a number of prospective purchasers, following final bids, a pre pack administration sale completed in April 2011, securing jobs and ongoing services for customers. If you would like further details of the CopperEye administration please contact Simon Thomas on 0208 528 1575 Moorfields Corporate Recovery LLP is one of the UK's leading independent firms of restructuring and insolvency specialists.Read more>
Moorfields appointed administrators over Acquafish Limited
Simon Thomas and Fred Satow of Moorfields Corporate Recovery were appointed joint administrators of Acquafish, a fish wholesaler in South London. The company supplied fresh and frozen fish to restaurants across London. An Invoice Finance Company providing factoring to the company over a number of years, however with a fall in sales in Q1 2011, the directors made the decision to wind up the affairs of the company by appointing Moorfields Corporate Recovery as administrators. Moorfields successfully sold the residual stock and equipment and are collecting the outstanding sales ledger on behalf of the Invoice Finance company and creditors. If yiou would like further details on the Acquafish administration please contact Simon Thomas on 0208 528 1090 Moorfields Corporate Recovery LLP is one of the UK's leading independent firms of restructuring and insolvency specialists.Read more>