Providing support through challenging times in the sector
The team at Belmont Insolvency Services has a great depth of expertise in advising clients in the retail sector. Whether assisting with negotiations to restructure and rescue the business, utilising a CVA to address unsustainable store portfolios or seeking a going concern sale via a pre-packaged Administration, our team will be able to provide clear and uncluttered advice supported by decades of experience.
The sector has faced a range of challenges such as:
- Significant premises costs and unsustainable upward only rent reviews
- Legacy issues resulting from trading disruption during the COVID-19 pandemic, including significant debt facilities taken out to support operations in the short term
- Poor footfall figures that persist in key locations following the COVID-19 pandemic
- Rising staff, utility and product costs due to the current wider economic climate and Brexit
- Supply and logistics issues
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Limited Registered in England Registered office: 1 Stepgates, Chertsey, Surrey, KT16 8HY.
Belmont Insolvency Services is a trading style of Reach Commercial Finance Limited. Belmont Insolvency Services is a broker not a lender and is independent with access to the whole of market. We may receive commissions that will vary depending on the lender, product or other permissible factors. The nature of any commission model will be confirmed to you before you proceed.
Belmont Insolvency Services Limited is a limited company, registered in England and Wales. Registered office: 16-20 Broadacre House, Lowther Street, Carlisle, CA3 8DA. Belmont Insolvency Services Limited is registered with the Solicitors Regulation Authority.
Belmont Insolvency Services is a trading style of Reach Commercial Finance Limited. Belmont Insolvency Services is a broker not a lender and is independent with access to the whole of market. We may receive commissions that will vary depending on the lender, product or other permissible factors. The nature of any commission model will be confirmed to you before you proceed.
Belmont Insolvency Services Limited is a limited company, registered in England and Wales. Registered office: 16-20 Broadacre House, Lowther Street, Carlisle, CA3 8DA. Belmont Insolvency Services Limited is registered with the Solicitors Regulation Authority.