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COVID-19 - Wrongful trading temporarily suspended for struggling businesses
March 30th 2020
Wrongful trading insolvency regulation suspended to protect coronavirus hit businesses on the brink of insolvency, employed members of staff and outstanding creditors.
Almost half a million businesses in significant financial distress
January 27th 2020
New research from Begbies Traynor, the UK’s leading independent insolvency firm, reveals the number of businesses in significant1 financial distress has risen to 494,000
Retailers feel a chill as 27,000 in financial distress
January 6th 2020
In the final days before Christmas, the number of retailers facing significant financial distress has increased to nearly 27,000 during Q4 2019
Begbies Traynor Acquires Exeter-based Regeneratus Consulting to expand advisory offering
October 10th 2019
Begbies Traynor Group plc, the business recovery, financial advisory and property services consultancy, has acquired Regeneratus Consulting 1 Limited, an Exeter-based advisory practice
Abingdon manufacturer sold out of administration
October 2nd 2019
A conservatory, window and door manufacturer has been sold out of administration by business recovery specialist, Begbies Traynor, safeguarding 19 jobs.
30 Jobs saved in Toft Country House Hotel and Golf Course sale
September 12th 2019
Thirty jobs have been saved at Toft Country House Hotel and Golf Course in Bourne, Lincolnshire following a pre-pack administration sale, led by business recovery specialists, Begbies Traynor, to Giri Golf Limited.
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.
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
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.