SERVICED office business Your Space is asking unsecured creditors, owed £5.5m, to waive a large portion of the debt as part of a recovery plan.

The AIM-quoted business, based in Liverpool, is hoping to strike a deal through a Company Voluntary Arrangement (CVA) in a bid to avoid administration.

It has struggled to attract the number of tenants required to hit its financial targets and attempts to secure extra cash, either through private investment, an extended overdraft, or the sale of part of the business hav......for the full story register now for free or login below...