Carter & Carter administrators say no returns for shareholders

Carter & Carter administrators say no returns for shareholders

The company, which is a major provider of government funded vocational learning and outsourced services, announced its administration earlier this month

Deloitte, appointed as a joint administrator of the
Carter &
Carter group
and its subsidiary companies, says that it does not expect that
any value will be returned to the company’s shareholders out of the
administration.

The company, which is a major provider of government funded vocational
learning and outsourced services, announced its administration earlier this
month.

The administrators are now working with the Learning and Skills Council, the
Department for Work and Pensions and other parties to secure the survival of the
group’s businesses.

Further reading:

Deloitte called in at Carter & Carter

Share

Subscribe to get your daily business insights

Resources & Whitepapers

The importance of UX in accounts payable: Often overlooked, always essential
AP

The importance of UX in accounts payable: Often overlooked, always essentia...

2m Kloo

The importance of UX in accounts payable: Often ov...

Embracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...

View article
The power of customisation in accounting systems
Accounting Software

The power of customisation in accounting systems

2m Kloo

The power of customisation in accounting systems

Organisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...

View article
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y Accountancy Age

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
8 Key metrics to measure to optimise accounts payable efficiency
AP

8 Key metrics to measure to optimise accounts payable efficiency

2m Kloo

8 Key metrics to measure to optimise accounts paya...

Discover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...

View article