BUSINESS TYPE:	CHILDRENS PLAY CENTRE
LOCATION:	OXFORDSHIRE
RESTRUCTURING:	SUCCESSFULLY COMPLETED

This company operated a newly created Children’s play centre in Oxfordshire. There had been a significant overspend and delays on the development of the centre which resulted in cash flow difficulties and increasing pressure from creditors.

B & Y recommended and arranged for a Company Voluntary Arrangement that addressed the immediate problems and allowed the directors to introduce a new partner from their locality. The prospects for the future of the centre are now good.

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