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May 08, 2013
Well known premium fashion retailer Coggles Limited based in York has been placed in the hands of joint administrators Andy Clay and David Acland of Begbies Traynor.
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April 24, 2013
Ahead of the release of the latest GDP figures this week, the most recent Begbies Traynor Red Flag Alert research for Q1 2013, which monitors the financial health of “Corporate UK”, shows that the recovery of UK plc continues, with a 34% decline in ‘Critical’ financial distress among UK businesses compared to Q1 2012.
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April 09, 2013
Peter Dewey and David Hill, partners at insolvency and business recovery experts Begbies Traynor, based at the Cardiff office, have been appointed administrators of S Dudley & Sons Limited, the Newport-based construction company that was established in 1920.
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March 29, 2013
One in eight Scottish football clubs are still facing financial distress according to new figures from leading business rescue and recovery specialist Begbies Traynor
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March 29, 2013
Begbies Traynor research has shown that the number of clubs facing financial difficulties has more than tripled since the last survey in October 2012.
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March 27, 2013
Corporate recovery specialists Begbies Traynor have been appointed as administrators of one of Llandudno’s best known hotels.
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March 15, 2013
Castleford-based building services maintenance engineers, R Levitt Ltd, has been bought by John Cullerton & Sons based in Durham, preserving the goodwill of the business and saving eight jobs.
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March 13, 2013
Investigators who hunted the late Robert Maxwell’s hidden fortune and who led the search for the missing assets of collapsed claims management company, The Accident Group, have been brought in to probe cosmetic surgery business, Harley Medical Centre Ltd.
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March 13, 2013
The business and assets of Whiteleys Garden Centre in Mirfield near Huddersfield have been sold out of administration, securing jobs for 45 staff.
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March 07, 2013
An established Westbury-based building firm is set to go into voluntary liquidation.
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February 22, 2013
Glasgow-based construction specialist William Crawford & Sons and its parent company J&T Blacksmiths Ltd which specialises in industrial and architectural steelwork have been placed in the hands of administrators after a downturn in trading led to cash flow problems.
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February 19, 2013
Often described as draconian – frequently by judges – the confiscation regime under the Proceeds of Crime Act 2002 (POCA) has had attention focused on it by the recent decisions in R v Waya and R v Ahmad & Ahmed.
Gavin Cunningham
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February 19, 2013
Powder Train LLP, a partnership which holds 5 freehold pubs across the south of England, was placed into administration on 6 February 2013, after several years of difficult trading conditions.
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February 14, 2013
More than 40 jobs have been saved at long-established wines and spirits wholesaler, Morecambe Bay Wines and Spirits Co Limited, after its business and assets were sold by business recovery specialists Begbies Traynor.
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February 14, 2013
JD Sports has bought the business and assets of Birmingham-based online retailer, Cloggs (UK) Limited, out of administration for an undisclosed sum. It will now operate through a newly incorporated subsidiary of JD Sports Fashion plc to be called Cloggs Online Limited.
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February 01, 2013
Latest Red Flag Alert Report Q4 2012 sees improved fortunes for some industries, indicating the first tentative signs of recovery for parts of the economy. Whilst, there is a rapid deterioration in the health of the consumer facing markets.
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January 22, 2013
An historic 49 bedroomed hotel in the heart of Paisley has been forced into administration under the burden of unsustainable debts. The 17th century Watermill Hotel that employs a total of 34 staff was trading as a three star hotel, restaurant, bar, conference and wedding venue.
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January 21, 2013
Begbies Traynor Group (“the Group”), the specialist financial advisory services provider, today announces that, as part of the ongoing development of its advisory services, it is launching BTG Financial Consulting (BTG FC) which will incorporate the Group’s restructuring services-led practice.
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January 18, 2013
Julie Palmer, Partner at Begbies Traynor, the UK’s leading business recovery practice, provides her predictions of the five sectors most at risk of facing financial distress in 2013.
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December 24, 2012
140 UK retailers facing critical financial issues following difficult Q4 trading period
Convenience of supermarkets and online retailers slayed the competition this Christmas
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December 14, 2012
Insolvency expert Peter Sargent of the Halifax office of rescue and recovery specialist Begbies Traynor warns businesses that the first couple of months of the year are, once again, likely to be tough and could prove to be a cash flow nightmare for many.
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December 12, 2012
Business recovery specialists Begbies Traynor have been called in to one of the Midlands’ longest-established engineering companies.
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December 12, 2012
Business recovery and restructuring specialists Begbies Traynor have been called in as administrators to one of the Southampton’s longest-established building contractors.
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November 28, 2012
The Leicester "Economic Action Plan" has come too late to save one of Leicester’s most well established family building and construction firms J H Hallam (Contracts) limited.
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November 28, 2012
AP Thompson Sports Engineering Limited has closed its doors after a buyer could not be found for the Abingdon-based business.
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November 23, 2012
After being placed in the hands of joint administrators, Julian Pitts, Bob Maxwell and Andrew Dick of Begbies Traynor, on 21 November 2012, a buyer is being sought for the business and assets of Whiteleys Garden Centre in Mirfield near Huddersfield.
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November 21, 2012
Well-known Leicestershire construction company JH Hallam (Contracts) Limited has gone into administration.
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November 21, 2012
Paul Wildes, CEO and Founder of the Alchemy Investment Group and Norman Smurthwaite have today finalised the takeover of Port Vale Football Club with administrators Begbies Traynor.
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November 16, 2012
More than 30 jobs have been saved in Bristol by the successful sale out of administration of a fresh and frozen fruit and veg supplier.
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November 15, 2012
Bromsgrove-based electrical contractors AG Shakespeare Limited has gone into administration.
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November 14, 2012
Senior insolvency manager Ian Royle has been appointed to lead the Teesside office of rescue and recovery specialist Begbies Traynor as it builds its presence in the region.
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November 13, 2012
Joint administrators, Andy Clay and Rob Sadler of Begbies Traynor, have confirmed the completion on 12 November 2012 of the sale of the historic Judges Lodgings hotel in York to brewer Daniel Thwaites for £1.5m.
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November 09, 2012
The Begbies Traynor Red Flag Alert Football Distress Survey, which twice a year scrutinises the corporate health of football clubs, reveals a widening chasm between the financial fortunes of English and Scottish football league clubs. While English clubs in the Championship and divisions one and two of the Football League demonstrate an encouraging up-turn in financial health, clubs in Scotland’s top three divisions are displaying escalating signs of corporate distress, the survey finds.
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November 09, 2012
The finances of Scottish football clubs have failed to improve in the last six months according to new figures from leading business rescue and recovery specialists Begbies Traynor.
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November 02, 2012
Jeyes Professional Division acquisition extends Selden catering and laundry offer.
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October 19, 2012
The most recent Begbies Traynor Red Flag Alert research, published today (19 October), which monitors the financial health of “Corporate UK”, shows a starkly divided nation with marked increases in financial distress amongst businesses based in the North and SMEs, whilst Southern based and larger businesses have shown marked improvements in financial health.
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October 18, 2012
Leading US gaming audio company Turtle Beach has acquired Darlington-based Lygo International Ltd, its exclusive distributor in the UK and Ireland.
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October 08, 2012
The business and assets of Scotplast Limited, an injection moulding packaging company based near Glasgow, have been sold, saving the jobs of all staff.
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October 05, 2012
United Carpets Group has acquired the business and assets of its trading subsidiary United Carpets (Northern) Limited out of a pre-pack administration.
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September 25, 2012
Leading business rescue and recovery specialist Begbies Traynor has announced that it is moving its growing team to larger offices in the centre of Sheffield’s business district.
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September 21, 2012
Fraud experts warn that stages motor 'accidents' are driving up insurance premiums
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September 19, 2012
Michael Wild, which was trading as Platinum Portfolios in Southend, was made bankrupt in the Southend County Court on the 8th August 2012 on a creditors petition following which Louise Baxter and Dominik Czerwinke of Begbies Traynor were appointed joint trustees in bankruptcy of Mr Wild’s estate on 29th August 2012.
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September 18, 2012
Mostyns, a well-known curtain and soft furnishings retail chain based in Christchurch, Dorset, has been placed into administration after several years of difficult trading conditions.
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August 22, 2012
Hawksley Engineering, based in Gunness, near Scunthorpe, has been placed into administration after experiencing difficult trading conditions.
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August 15, 2012
Two West Country hotels have been sold by Bristol-based business recovery experts Begbies Traynor, saving more than 40 jobs.
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August 15, 2012
Joint liquidators Jamie Taylor and Kirstie Provan of Begbies Traynor have concluded a settlement in respect of a seven figure claim brought against the directors of Centaur Global Limited (Centaur).
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August 14, 2012
One of Wales’s leading golf clubs is up for sale after going into administration.
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August 13, 2012
The House of Beauly, a renowned tourist retail centre outside Inverness that had employed 14 full and part-time staff, has been placed into the hands of liquidators from Begbies Traynor.
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August 13, 2012
Statement re Twickenham Film Studios - In Administration
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August 08, 2012
More than 30 jobs have been saved after the assets and business of a long-established West Country legal practice were sold by administrators.
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August 03, 2012
On Friday 3 August 2012, Gillian Sayburn, Andrew Haslam and Simon Lundy of Begbies Traynor in Newcastle upon Tyne were appointed as joint administrators of Tyne and Wear-based organisation, Bridge Training and Education Opportunities for Women.
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August 03, 2012
Norfolk Oak Ltd, the UK’s only timber worktop manufacturer have acquired the Barncrest trading name and goodwill on July 31st, and will continue to run the Barncrest brand as a separate marketing name, ensuring its continued presence in the market.
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August 03, 2012
Kitley House Hotel Ltd which traded from Kitley House in Yealmpton near Plymouth in South Devon, has gone into administration. Ian Walker & Christopher Norman from the Exeter office of leading corporate rescue and recovery specialists Begbies Traynor have been appointed as Administrators.
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July 25, 2012
Julie Palmer of business recovery and restructuring specialist, Begbies Traynor commented on today’s GDP figures
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July 19, 2012
Following the administration of North West based mobile entertainment store Chilli Music Ltd, its business and assets have been sold to Chilli Digital Europe Ltd, securing the future of the business and six jobs.
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July 19, 2012
Static caravan and holiday lodge manufacturer Normandy Holiday Homes Ltd has been placed in administration threatening up to 25 jobs in Hull, 19 staff having been made redundant.
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July 02, 2012
Latest figures from the Office for National Statistics, revealing that the UK economy shrunk more than was previously estimated – by 0.4 per cent rather than 0.3 per cent- is unwelcome news but no surprise, according to business recovery and restructuring specialist, Begbies Traynor.
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July 02, 2012
While many accountants advocate using director’s loan accounts and dividends as a tax efficient way of paying remuneration, this may not always be advantageous, particularly when a company is making losses.
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June 25, 2012
Gerald Krasner, partner at Begbies Traynor in Newcastle and one of the UK’s leading insolvency experts, will be a guest speaker at the graduation ceremony of Newcastle College School of Health and Enterprise students on Monday 9 July at Newcastle Civic Centre.
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June 06, 2012
The joint administrators are pleased to announce that following the re-marketing of the Studios, a successful bidder has been found. Sixty-two confidentiality letters were sent out, of which 21 were returned, and these all received sales packs.
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May 30, 2012
Begbies Traynor Group is bringing together its Leeds teams under one roof with plans for 22 staff from its offices in Glendevon House on Coal Road to relocate to its city centre base in Bond Court in June 2012.
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May 23, 2012
A creditors meeting was held at the studios on Thursday 19 April 2012. At this meeting all proposals put forward by the administrators were carried by the required majority of creditors
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May 11, 2012
Statement from Bob Young, Gerald Krasner and Steve Currie of Begbies Traynor, joint administrators of Port Vale (Valiant 2001) Football Club Limited.
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May 03, 2012
Exactly one week after Newton Abbot based Launa Windows was placed into Administration, Ian Walker and Chris Norman, Joint Administrators from the Exeter office of corporate rescue and restructuring specialists Begbies Traynor, have sold it as a going concern.
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April 26, 2012
One of the South West’s longest-established family businesses, Newton Abbot-based Launahurst Ltd, has today been placed into Administration at the request of its Directors. Ian Walker and Chris Norman from the Exeter office of national corporate rescue and recovery specialists Begbies Traynor have been appointed joint Administrators.
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April 20, 2012
The latest Begbies Traynor Red Flag Alert statistics, published today (20 April), shows that Britain’s beleaguered pub trade has joined football clubs to become among the country’s most distressed business sectors.
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April 20, 2012
The most recent Begbies Traynor Red Flag Alert research, published today (20 April), which monitors a series of indicators of UK company distress, shows that manufacturing is recovering against a tide of continued business distress across the country that is affecting many sectors.
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April 12, 2012
Begbies Traynor can confirm that a pre-packed sale of the business and the Work in Progress has been completed as a going concern to the Parent Company Barcon Systems Limited.
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April 12, 2012
Truro-based eco lighting company Somar International Ltd, which was placed into Administration with national business recovery and restructuring firm Begbies Traynor in February, has been sold to national energy efficiency company the Mark Group.
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April 05, 2012
Against the backdrop of a succession of football clubs entering administration both north and south of the border, a new study by corporate recovery specialists Begbies Traynor reveals a picture of poor financial health that is affecting a significant proportion of Scottish football clubs and threatens to extend far beyond the current situation at Rangers.
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April 05, 2012
A new survey into the corporate health of the English Football League by Begbies Traynor the corporate recovery specialists, reveals that signs of financial distress are alarmingly widespread among professional football clubs in the Football League.
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April 05, 2012
A new green energy company is proposing to build a £20 million combined heat and power (CHP) plant in Sheffield.
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April 05, 2012
Bob Young, Gerald Krasner and Steve Currie of Begbies Traynor were appointed joint administrators of Port Vale (Valiant 2001) Football Club Ltd on Friday, March 9, 2012, following an order made by the High Court in Birmingham.
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April 05, 2012
The assets and business of Somerset-based mobility furniture specialist The Great British Mobility Group Ltd have been sold by administrators securing jobs for 27 staff.
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February 07, 2012
Joint administrators Andrew Haslam and Gerald Krasner of Begbies Traynor have confirmed the completion of the sale of the remaining parts of Principle Leisure (North East) Limited to Popolo Leisure Limited.
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February 07, 2012
David Menzies and Ken Pattullo of Begbies Traynor were appointed as provisional liquidators of the 39 year old family business, Ross and Bonnyman based in Forfar, Angus on Thursday 2 February 2012.
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February 07, 2012
On Monday 30 January, Scott McGregor and Ken Pattullo of Begbies Traynor were appointed as provisional liquidators of CDW Ltd based in Hamilton.
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February 07, 2012
The historic Lord Crewe Arms Hotel in Blanchland, traded by J&G Inns Limited which entered administration on 14 November 2011, has been handed back to the landlords.
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February 01, 2012
Willand Pharmacy, which went into administration in April last year has been sold to an independent pharmacist, Adis Kikic.
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January 30, 2012
Jeff Barber and Helen Lowe of BTG Corporate Finance in Manchester have advised the management team in the successful MBO of Metropolis Group Ltd.
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January 30, 2012
The assets of a Porton-based sound and light staging company have been bought out of liquidation by a competitor.
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January 30, 2012
Administrators of the Southgate Motor Group which crashed in November have managed to negotiate the reopening of two of the seven sites that were closed.
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January 30, 2012
Historic Black Country business, Griffin Bros (Dudley) Ltd, has gone into administration.
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January 19, 2012
Begbies Traynor’s Red Flag Alert, the UK’s leading quarterly benchmark of company distress shows a 24 per cent year on year increase of companies facing ‘critical’ levels of financial distress in Q4 2011, compared to Q4 2010.
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January 09, 2012
Administrators at corporate recovery specialists Begbies Traynor have achieved a sale of the Treasure Island attraction on Eastbourne seafront after nine months of protracted negotiations.
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January 04, 2012
Corporate recovery group Begbies Traynor has been called in to one of the Midlands most historic manufacturers.
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January 03, 2012
Ian Stark and Martyn Bainbridge have led the management buyout of The Dow Chemical Company’s custom processing facilities at Middlesbrough and Billingham, Chemoxy International Limited.
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December 20, 2011
David Acland, Paul Dounis and Lila Thomas of Begbies Traynor were appointed Joint Administrators (“the administrators”) of FR Retail Limited trading as “Fashion Rocks” on 19 December 2011. The Administrators are all licensed by the Insolvency Practitioners’ Association.
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November 21, 2011
Kevin Mawer has joined BTG Global Risk Partners, part of Begbies Traynor Group, as Partner and Head of its Forensic Insolvency Investigations division.
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October 24, 2011
Corporate recovery specialists at Begbies Traynor have helped one of the country's best loved independent bookstores to survive.
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October 17, 2011
Devon pet food specialist Forthglade Ltd has been sold as a going concern to Forthglade Foods Ltd preserving 55 jobs.
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October 17, 2011
Impact of public sector cuts starts to hit home
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October 17, 2011
Considerable Increase in Critical Financial Distress Across Many UK Sectors
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October 06, 2011
Begbies Traynor appointed administrators of Spiller & Powell Enterprises Ltd, trading as Swindon Travel, providers of concert, theatre, comedy and sporting trips.
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October 04, 2011
A Midlands golf club has been sold out of administration allowing members to continue to enjoy their sport.
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October 04, 2011
A Poole-based recruitment agency has been sold after advice from the Southampton office of BTG Corporate Finance.
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September 19, 2011
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September 01, 2011
TTS Enterprises Ltd is placed into Liquidation.
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August 05, 2011
Medical supplies company MBO show banks are open for business, says corporate finance expert
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July 25, 2011
12% Quarter on Quarter Increase in UK Business ‘Critical’ Financial Problems.
A fall in ‘significant’ financial problems indicate vulnerable businesses are making the transition from ‘significant’ to ‘critical’ problems.