Begbies Traynor Group

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Here you’ll find Begbies Traynor Group news and commentary

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Buyer sought as envelope manufacturer goes into administration

Administrators at Begbies Traynor have been appointed through Real Business Rescue - part of Begbies Traynor Group, to seek the sale of a Shrewsbury-based envelope manufacturing company which has been placed into administration after being affected by tough market conditions.

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Teesside engineering group placed into administration

On 23rd February 2017 Begbies Traynor were appointed as administrators of Cordell Group Limited and its subsidiary Cordell Southern Technical Services Ltd.

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46 staff made redundant after building maintenance company enters administration

A leading building maintenance company in Nottingham has been forced to close due to mounting financial pressures.

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Begbies Traynor seeks buyer for UK’s leading pigment rotary printing firm

The UK’s leading pigment rotary textile printing firm is seeking new ownership after appointing business recovery and rescue specialists Begbies Traynor.

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Begbies Traynor joins the ASTL

Begbies Traynor has become the latest associate member to join the Association of Short Term Lenders (ASTL).

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Financial distress edges up as economy prepares for uncertain year ahead

New research from Begbies Traynor, the UK’s leading independent business recovery practice, shows that more than 275,000 companies were showing signs of “significant” financial distress at the close of 2016, representing the thirteenth consecutive quarter that corporate stress has risen on a year on year basis.

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Brexit uncertainty puts the brake on London businesses

New research reveals that British businesses from Land's End to John o' Groats have shown surprising resilience since the EU Referendum result was announced, with levels of financial distress falling across every region of the UK over the past three months.

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UK businesses remain resilient in the face of Brexit

UK businesses across nearly every sector of the economy were showing positive signs of stability following the EU Referendum, new research from Begbies Traynor, the UK’s leading independent insolvency firm, reveals.

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Statutory Demands on the rise as creditors face higher costs to recover debts

The increased cost of taking court action to recover a debt has resulted in creditors looking for alternative methods of collection. One potential way is via a statutory demand.

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101 Staff Made Redundant After Steel Contractor Business Goes Into Administration

Administrators at business rescue and recovery specialists Begbies Traynor have been appointed to a Newport-based business which has been placed into administration.

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Historic construction and restoration company William Anelay placed into administration

On 8 September 2016, Julian Pitts and Bob Maxwell of Begbies Traynor were appointed as joint administrators of William Anelay Ltd; one of Britain’s longest-established construction and heritage restoration companies

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Research shows British businesses are in a strong position to face Brexit challenges, but expect at least six months of turmoil ahead

UK businesses across every sector of the economy were showing positive signs of stability in the run up to the EU Referendum, new research from Begbies Traynor, the UK’s leading independent insolvency firm, reveals. However after the severe market turmoil that immediately followed the Brexit decision, experts warn that it could be at least another six months before we see a ‘new normal’ in the UK economy.

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UK pubs and bars in desperate need of a boost this summer

The introduction of the National Living Wage, unseasonable weather, England’s early exit from the Euros and the recent Brexit decision have all added significant pressure to the UK’s pubs and bars this summer, reveals new data from Begbies Traynor, the UK’s leading independent insolvency firm.

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Begbies Traynor appointed as Trustees to bankruptcy of former Blackburn Rovers and West Ham footballer Lucas Neill

Gary Shankland and Jamie Taylor of Begbies Traynor have been appointed as Trustees to the bankruptcy of Australian footballer Lucas Neill.

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Thousands of UK businesses struggling to absorb cost of National Living Wage

New data from Begbies Traynor, the UK’s leading independent insolvency firm, reveals that nearly 60,000 UK companies that were forced to implement the National Living Wage on 1 April were already in a dire financial state before the scheme was even introduced, suggesting that the UK could see a spate of business failures in 2016 as these companies struggle to absorb the higher staff costs associated with this new regulation.

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Brexit could spell disaster for struggling UK exporters and financial services firms despite boost from weak Pound

c.21,000 UK manufacturers which rely heavily on exports could be tipped over the edge in a Brexit scenario

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