News Hub

TSG acquisition of North East technology specialist saves jobs

Technology Services Group Limited (TSG) has bolstered its technical offering by acquiring the trade and assets of Aegis IT Limited (Aegis).

Begbies Traynor Appointed as Liquidators of Stockport Finance Firm

Stockport-based loans call centre Cash Finance Direct (Holdings) Limited, trading as Horizon Finance, has been placed into liquidation.

Corporate Insolvency Appointments in 2014

The latest analysis of published corporate insolvency statistics for 2014 reveals that Begbies Traynor has retained its position as the UK’s leading business recovery practice with regard to total corporate insolvency appointments.

Sale agreed for Nottingham residential investment

A majority let apartment block investment close to Nottingham city centre has been sold to a private investor for in excess of the guide of £650,000.

Don Leisure Limited/Don Leisure Holding Ltd

John Kelly and Mark Malone of the Birmingham office of business rescue and recovery specialist Begbies Traynor were appointed joint administrators of Don Leisure Limited and Don Leisure Holdings Ltd on 31 March 2015.

The beautiful game ‘in good health’ as club distress falls to almost nil

In just the second season in which football clubs’ accounts have come under the scrutiny of the Financial Fair Play (FFP) rules, the health of English league clubs has improved significantly, reversing last year’s rise in distress.

Scottish football ‘in good overall health’ despite high-profile wrangles

The Begbies Traynor Red Flag Alert Football Distress Report provides annual snapshots of financial distress in 72 English and 32 Scottish football clubs. South of the border, the report’s latest figures reveal that just three clubs in the English Championship and Leagues One and Two are suffering from serious financial distress.

Gamma Global (UK) Ltd – a statement

John Kelly and Gareth Prince, of the Birmingham office of Begbies Traynor, were appointed joint administrators of Gamma Global (UK) Limited on February 25.

Nottinghamshire plumbing and air conditioning installation company placed into administration

On 5 February 2015 Adrian Graham and Julian Pitts of Begbies Traynor were appointed as joint administrators of Pure-air Building Services Limited.

Crude awakening for oil services companies as significant distress doubles

Historically low oil prices are already pushing smaller oil extraction and services companies into significant distress, before the impact of substantial cuts to the capital expenditure budgets of the major oil companies.

Jobs saved as Bath IT training firm sold out of administration

Five jobs have been saved in Bath by the successful sale out of administration of an IT training company.

Supermarket price war could force food suppliers to go bust

The number of smaller food suppliers experiencing financial distress has more than doubled this year

Retailers on thin ice as thrifty shoppers slash Christmas spending this year

Acquisition of Eddisons Chartered Surveyors

We are pleased to announce the acquisition of Eddisons, a leading national firm of chartered surveyors with expertise in valuation and asset disposal in both solvent & insolvent cases.

Sale of historic Wedgewood collection completes

Staffordshire’s historic Wedgwood Collection of pottery, art and writing has been sold by administrators at Begbies Traynor to the Art Fund charity, following a successful public fundraising campaign aimed at keeping the works together.

High street revival charity closes after cash problems

A charity set up to help revive ailing small town high streets across Britain has ceased trading after hitting cashflow problems.