SIA Group delivers asset valuation certainty in uncertain times Company insolvencies increased by almost a fifth (19.3%) in the third quarter, according to the Insolvency Service, which reveals a 8.9% rise in the quarter to the end of September on the previous quarter. Overall 4,308 companies entered insolvency over the period, with 71.6% of those […]
SIA Group completed what can only be described as a unique collateral due diligence assignment in support of Arbuthnot Commercial ABL’s £5m funding line for Morris Angel & Son Limited (“Angels”), the longest-established costumiers in the world. A family-run business, now in its seventh generation, Angels has created garments for everything from Bond, Star Wars, […]
SIA Group was engaged at short notice to review the property portfolio of 187 retail units and inventory as part of the CVA planning work for Genus UK Limited t/as Select Fashion, a value fashion chain with a portfolio of stores across the UK. The CVA resulted in no closures across its 187 store portfolio […]
SIA Group secures asset disposal within tight timeframe, maximising realisation to creditors Parnham Coaches Limited traded as a prestige coach excursion hire company, providing luxury coaches for nationwide and local excursions together with continental travel. The company had been operating in the UK and Europe for over 25 years and had a highly regarded name […]
SIA Group worked with Argyll Partners and Arbuthnot Commercial Asset Based Lending (Arbuthnot Commercial ABL) to provide collateral due diligence for the refinance of multi‐channel retail business, Scotts and Co. In this transaction, SIA Group’s asset valuation and collateral due diligence provided informative insight into both the revolving stock funding line and accounts receivable facility […]
The Q1 2018 corporate insolvency statistics for England & Wales, published by the Insolvency Service, have revealed that the underlying number of insolvencies (excluding bulk insolvencies) has increased in Q1 2018, to the highest quarterly level since Q1 2014. Total company insolvencies have risen by 12.6% from Q1 2017 and the number of compulsory liquidations […]
SIA Group is proud to have successfully attained the Hellios FSQS Stage 2 qualification, a benchmark used by major UK banks and financial institutions when selecting suppliers. As the regulated environment becomes more complex, the Financial Services Qualification System (FSQS) provides a standard and simple mechanism for collecting and managing supplier compliance assurance information. FSQS […]
SIA Group conducted collateral due diligence to enable Arbuthnot Commercial ABL to complete the funding of OSET Bikes Limited. OSET Bikes is the world’s leading designer and manufacturer of electric trial, dirt, off-road and motocross motorcycles for children. The thorough and rapid accounts receivable survey and inventory appraisal from SIA Group enabled Arbuthnot Commercial ABL […]
When pan-European mid-market investor, Aurelius Equity Opportunities SE & Co. KGaA (Aurelius), sought to acquire Bertram Group (formerly Connect Books) from Connect Group Plc they looked to SIA Group for collateral due diligence. SIA Group delivered a comprehensive accounts receivable and inventory appraisal report to the acquirer and prospective ABL lenders to provide an accurate […]
In the latest edition of Read Deals, SIA Group’s Paul Craig discusses the importance of asset valuations and collateral due diligence in driving certainty and reducing execution risk for sponsor-led asset based lending transactions. To read the full article click here. For the link to the webpage click here.
