Jamie Miller and Damian Webb of RSM Restructuring Advisory LLP were appointed Joint Administrators of both Mederco Block A Limited and Mederco (Huddersfield) Limited (the Companies) on 28 March 2019.
07 March 2019
Imagine a business model in which you broadly break even for most of the year and rely on one six-week window in which you make most of your profits. That doesn’t sound so appealing to an investor, does it? Welcome to the world of retail.
01 March 2019
In 2008 and thereafter it was the world’s Bank’s who faced significant impairments and losses as a result of their prior irresponsible lending. This necessitated global government intervention to support the banking sector to prevent the failure of leading institutions. A condition of this government support was increased regulation and actions to prevent 'irresponsible' lending by Banks.
30 August 2018
A recently published freedom of information response has revealed that since the FCA took on regulatory responsibility for peer to peer (P2P) lenders in 2014, no applications for authorisation have been rejected outright, but over 80 per cent of applications have been withdrawn.
02 March 2018
Commenting on recent high profile failures on the high street, Andrew Westbrook, head of retail at RSM said: ‘The icy blast over the last week has provided an apt metaphor for conditions on the high street.'
18 January 2018
The Bank of England’s decision in November 2017 to increase the interest rate was widely expected across the sector. While the marginal uplift will have a negligible effect on investor activity, it does signal the start of creeping rate rises over the medium to long-term.
11 January 2018
RSM is delighted to have been announced as ‘Consulting and Corporate Advice Firm of the year’ in the 2017 Alt-Fi awards.
22 December 2017
Fuel Juice Bars Ltd (the Company), a retail chain specialising in fresh fruit smoothies and juices has agreed a restructuring plan with its creditors.