Begbies Traynor Group

JAG Communications


JAG Communications Ltd, the third largest mobile phone retailer in the UK, experienced a cash crisis after abort the purchase of a large number of extra retail outlets. This was compounded by borrowing conditions, which suddenly worsened late 08/early 09. With 245 jobs and 75 outlets at stake, our South West team successfully orchestrated a complex ‘pre-pack’ administration, whereby JAG Communications (Plymouth) Ltd was placed in administration while its assets were simultaneously sold to a new company, JAG Communications (South West) Ltd. The business continued trading without a break, saving all 245 jobs at a time of increasing unemployment.

Contact Begbies Traynor Group

Reason for Contact
News Coverage and Expertise

Our Media Centre

Read our latest news, expert opinion pieces and articles covering the the professional and financial sector.