115,000 businesses waiting an average of 57 days for payment
April 8th 2019
Almost 115,000 businesses waited an average of 57 days for payment in 2018 with more than 1,000 of these subsequently entering insolvency as a result, according to new data from insolvency specialist Begbies Traynor.
Newcastle insolvency firm acquired by Begbies Traynor Group
March 27th 2019
Begbies Traynor Group plc has acquired insolvency practitioner KRE Corporate Recovery (North East) Limited, based in Newcastle upon Tyne, further strengthening the AIM listed group’s presence in the North East.
Begbies Traynor instructed to act as Joint Liquidators of C&L Sherrington Ltd, which trades as Virginia House Ulverston
March 26th 2019
Ian McCulloch and Dean Watson of Begbies Traynor have been instructed to act as Joint Liquidators of C&L Sherrington Ltd, which trades as Virginia House Ulverston.
The Christie contractor enters into administration
March 17th 2019
The construction firm appointed to develop The Christie hospital in Manchester has entered into administration with all the company's assets immediately moving to a new specially formed company.
Begbies Traynor acts on restructuring of UK chain of wine bar cafes
March 7th 2019
Julie Palmer and Steve Powell were appointed as joint administrators on Friday 1 March of the Veeno group of companies, which operates a national chain of wine bar cafes including venues in the South West, the Midlands, the North West, Yorkshire and Scotl
West Yorkshire furniture manufacturer placed into administration
February 20th 2019
Bespoke furniture maker YTM Group, based in Castleford, ceased trading last week after being placed into administration.
Begbies Traynor snaps up North East business in £600,000 deal
February 14th 2019
Begbies Traynor Group plc (the "Group"), the business recovery, financial advisory and property services consultancy, today announces the acquisition of the entire issued share capital of KRE (North East) Limited, a Newcastle based insolvency practice.
Begbies Traynor Group plc strengthens Northern advisory offering with appointment of new partner
February 14th 2019
Begbies Traynor Group plc has appointed restructuring and corporate finance specialist Martin Barron as a partner in its BTG Advisory team in Leeds.
481,000 businesses in significant financial distress as winter freeze impacts
January 30th 2019
The number of businesses in ‘significant’ financial distress now stands at 481,000, leaping by 15,000 during Q4 2018, after a winter of uncertainty, according to the latest Red Flag Alert research from Begbies Traynor.