BusinessBusiness RecoveryBrookes Chauffeur Services draws up CVA

Brookes Chauffeur Services draws up CVA

Luxury transport company has agreed a Company Voluntary Arrangement to address its debts

Brookes Chauffeur Services has entered into a company voluntary arrangement
after debts seriously affected the executive car company’s fortunes.

The company owed £300,000 including £150,000 to the taxman,
the
Daily Telegraph
reported.

Brookes, 80 per cent owned by retail entrepeneur Kevin Stanford, also had
unpaid debts to accountants Dendy Neville.

Today, Brookes’ management confirmed that the company was still trading after
setting up the CVA.

‘We’re still fighting the good fight,’ Simon Hill, the MD of the company.

Related Articles

Investment firm acquires Avon Steel Company Limited

Business Recovery Investment firm acquires Avon Steel Company Limited

6d Emma Smith, Managing Editor
Manchester law firm enters into administration

Business Recovery Manchester law firm enters into administration

6d Emma Smith, Managing Editor
KPMG appoints new global head of insolvency

Business Recovery KPMG appoints new global head of insolvency

3w Emma Smith, Managing Editor
EY hired by Carillion to review finances

Accounting Firms EY hired by Carillion to review finances

5m Alia Shoaib, Reporter
Using insolvency as a debt recovery tool

Business Recovery Using insolvency as a debt recovery tool

6m Emma Smith, Managing Editor
UK government should support mid-sized businesses to create a ‘new economy’ post-Brexit, says BDO report

Business Recovery UK government should support mid-sized businesses to create a ‘new economy’ post-Brexit, says BDO report

8m Alia Shoaib, Reporter
Over 800 jobs saved as Endless LLP acquires Jones Bootmaker

Business Recovery Over 800 jobs saved as Endless LLP acquires Jones Bootmaker

9m Emma Smith, Managing Editor
FRP Advisory expands operation with new office, partner appointments

Accounting Firms FRP Advisory expands operation with new office, partner appointments

10m Emma Smith, Managing Editor