We can arrange a meeting at our Aberystwyth office, by appointment. At Begbies Traynor Group, we take a partner-led approach to problem-solving as our team comprises experts specialising in key areas. We aim to present a workable solution that excels in both efficiency and effectiveness to benefit all parties.
Note: Before calling, please ensure you are dialling the correct line. If you are a director of a UK company and need urgent advice on issues such as cash flow and financial uncertainty call our Distressed Directors Advice Line on 01970229320.
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Distressed Directors Advice Line
We can arrange a meeting at our Aberystwyth office, by appointment. At Begbies Traynor Group, we take a partner-led approach to problem-solving as our team comprises experts specialising in key areas. We aim to present a workable solution that excels in both efficiency and effectiveness to benefit all parties.
The business of specialist management accountancy firm EK Williams has been sold via a pre-pack administration to a company owned by the former management. The sale was successfully negotiated after a period of marketing and discussion with interested parties. The company had provided bespoke services to petrol forecourt retailers since 1935. After acquiring another accountancy firm in 2010 the economic downturn caused difficulty in the company making the deferred payments, which led the directors to seek help from Begbies Traynor. The sale saved 27 jobs and provided continuity for its many blue chip customers.
2nd Thoughts Ltd, trading as Ellie Louise and Happit, was sold by our Leeds team after this long established chain fell victim to the retail sector downturn. Moving quickly they secured a buyer three days after appointment. HMRC had issued a winding up petition but liquidation would not be the best outcome, halting trade, losing goodwill and increasing preferential creditors through significant redundancies. Administration enhanced goodwill, ensured customer continuity and retaining most staff. This prompt ‘going concern’ sale allowed 49 stores in leasehold premises to go on trading, protecting over 240 jobs and minimising creditor claims.
Our multidisciplinary practice is a market-leading provider of professional services to company directors, individuals, investors, lenders and professionals across various industries. Businesses widely trust us to find a workable solution at any stage of the business lifecycle.
The team at Begbies Traynor Group are multi-skilled, highly qualified and primely positioned to support any sized business, from limited company directors, and medium-sized businesses to conglomerates. We also work closely with financial institutions, lenders, investors, legal professionals, property owners, and other stakeholders.
Our Group services range from personal and corporate insolvency, property, corporate finance, business and asset sales, financial and real estate advisory. We provide a truly complete service that can support businesses and stakeholders with business rescue, recovery and growth. We strive to help stakeholders establish and maintain a high benchmark for profitability, operational health, financial stability and investment at a competitive pace.
For a free confidential meeting with one of our professional and highly esteemed advisers, get in touch with Begbies Traynor Group in West Wales. If you’re in Aberystwyth and require specialist advisory services, book an appointment at an office near you. We have a nationwide office network, including additional offices across Wales in Llandudno, Newport and Swansea.
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