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Here you’ll find Begbies Traynor Group news and commentary
Distress rates ‘level off’ for North West firms but dangers lurk ahead for 55,000 companies
New data published today by Begbies Traynor (5th August 2022) indicates a short-term levelling off in distress rates for North West firms as company directors fight hard against the impact of spiralling inflation.
Distress rates ‘level off’ for Liverpool City Region firms but dangers lurk ahead for almost 9,000 companies
New data published today by Begbies Traynor (5th August 2022) indicates a short-term levelling off in distress rates for Liverpool City Region firms as company directors fight hard against the impact of spiralling inflation.
Begbies Traynor Advises on First SME Court Sanctioned Restructuring Plan
Begbies Traynor has advised on the first SME restructuring to use a “cram down” of dissenting creditors in a turnaround which has saved more than 300 jobs.
Begbies Traynor in Staffordshire appoints new insolvency specialist
Begbies Traynor in Staffordshire continues to expand with the appointment of Ben Gray as insolvency manager.
Crossfield Living enters creditors’ voluntary liquidation
Liverpool-based construction firm Crossfield Living Limited has entered creditors’ voluntary liquidation with Jason Greenhalgh and Paul Stanley of Begbies Traynor being appointed as joint liquidators.
Crossfield Living enters creditors’ voluntary liquidation
Liverpool-based construction firm Crossfield Living Limited has entered creditors’ voluntary liquidation with Jason Greenhalgh and Paul Stanley of Begbies Traynor being appointed as joint liquidators.
Begbies Traynor Red Flag Alert Football Financial Distress Survey (Scotland)
March 2022 Football Distress Survey: Scottish clubs keep finances tight while English clubs suffer from ‘unsustainable’ pressure of rising player wages
Begbies Traynor Red Flag Alert Football Financial Distress Survey (England)
March 2022 Football Distress Survey: Almost half of EFL clubs see continuing financial distress as high levels of debt and rising player wages choke English clubs
Jobs saved as Sheffield allergen free food business bought out of administration
Following the appointment of Kris Wigfield, Jo Hammond and Andrew Mackenzie of Begbies Traynor as joint administrators of Delicious Alchemy Ltd on 18th May 2022, a sale of the business and assets has been completed, saving 25 jobs.
Begbies Traynor sponsors Red Rose Awards 2022
The Preston office of Begbies Traynor are proud sponsors of the Drinks Reception for the keenly anticipated Red Rose Awards 2022 being held on Thursday 9th June 2022 in Blackpool.
Critical corporate financial distress levels jump as cocktail of threats start to take their toll
The latest Begbies Traynor “Red Flag Alert” research, which has examined the financial health of British companies for the past 15 years, highlights the strain two years of extraordinary financial pressures have had on thousands of UK companies.
Elland joinery firm CWC bought out of administration
Joint administrators Bob Maxwell and Louise Longley from Begbies Traynor, who were appointed as joint administrators of Elland commercial joinery and shopfitting firm Crossley Webb Contracts (CWC) on 11 April, have sold the business to the Oak Touch.
Renfrew bus and coach company placed into liquidation
On 6 April 2022 Ken Pattullo and Kenny Craig of Begbies Traynor were appointed as joint provisional liquidators of Gibson Direct Ltd.
14 Jobs Preserved in WRB Solutions Limited Sale to Telenet Technology Services
Mark Malone and Gareth Prince, both Partners at Begbies Traynor in Birmingham, were appointed joint administrators of WRB Solutions Limited on 9 March 2022 after the company faced significantly increased operating costs and mounting creditor pressure duri
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