has appointed Paul Felton-Smith as its finance director, from its AGM on 29
He is experienced in helping companies enter into financial restructuring.
Previous roles include turnaround director of Choices UK, chief restructuring
officer at MICE Group and finance director of Highbury House.
The company is looking to restructure through selling off into a private
business, offering shareholders a penny in the pound.
Cattles shares were suspended last year and an investigation by Deloitte
found bad debts had been misbooked. Seven directors were removed and the
chairman and chief executive resigned.
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Steve Absolom and Will Wright from KPMG Restructuring have been appointed joint administrators to City Motor Holdings and associated companies