The company, which runs 20 Jongleurs comedy clubs as well as the Australian-themed Walkabout chain, admitted it may have been put in breach of its bank loan agreements after discovering the problem.
Lenders including Barclays, HSBC, Royal Bank of Scotland and Allied Irish have taken on Kroll to advise on accounting discrepancies and issues relating to the company’s cashflow, the Sunday Express reported.
Regent Inns, which has £75m of debts, has said it is discussing how to resolve the matter with its banking partners.
Mark McMullen joins the private client services team from Smith & Williamson
Merger between Clear & Lane Chartered Accountants and Magma Chartered Accountants was finalised on 3 February
BDO has taken its new partner intake to 23 during the first half of its financial year, including the appointment of five partners in five weeks
The firm reports 7.6% global fee income growth for the year ending 31 December 2016