Wednesday, 6 February 2013
CVA saves a multi site retailer in the North West
This case study is an interesting one because it’s an example of a multi location retail operation and demonstrated that a CVA could considerably restructure the business, including termination of leases on non-profitable locations and handle the resulting redundancies.
• Incorporated 2nd March 1977, the client is a branded clothing retailer in the North West of England.
• The director contacted KSA Group after reading our website. A meeting was in April.
• KSA were appointed to assist the company on 6th May 2011.
• In the year to 31st March 2010 the company turnover was c£2.4m whilst it made a loss of £170k
Read our CVA Case Study to see how we saved this company