Press Releases

Wetherby construction firm placed into administration

On 26 March 2018, Wetherby-based construction business Haresign Limited was placed into the hands of joint administrators Julian Pitts and Bob Maxwell of Begbies Traynor in Leeds.

Hull plastics manufacturer placed in administration

Plasticon UK Limited, a Hull-based manufacturer of storage tanks and industrial piping has gone into administration after suffering financial difficulties.

Liverpool Organic Brewery raises a glass to acquisition

The new owners of a popular brewery in Liverpool are toasting a rosy future for the business after acquiring it out of administration.

Jobs secured after Buckingham Business is sold out of Administration

Eighteen jobs have been secured at a Buckingham business which provides security services after the company went into administration.

Salisbury company jobs saved after joinery business is sold

Thirteen jobs at a specialist company which completes joinery work for private individuals have been saved after the firm was sold out of administration.

Jobs saved at Dried Fish Supplier after firm is sold out of Administration

A Grimsby company which supplies dried fish to Nigeria has been sold out of administration ‐ securing the future of 25 jobs.

Ten jobs saved as Cirencester Business is sold out of Administration

Ten jobs have been saved and key services preserved following the sale out of administration of an established Gloucestershire company.

The Ultimate Food Company (Kendal) Limited - In Administration

The Ultimate Food Company (Kendal) Limited (“Ultimate”) was placed into Administration on 5th February 2018.

Leeds envelope company rescued from administration

On 12th February 2018, Nick Reed and Bob Maxwell of Begbies Traynor in Leeds were appointed as joint administrators of Great Northern Envelope Company (GNE) in Leeds and the company has immediately been acquired by Encore Envelopes Limited.

Yorkshire administrators appointed to German company

Lee Lockwood of Begbies Traynor in Leeds and Ray Claughton of Rushtons Insolvency Limited in Shipley were appointed on 5 January 2018 as joint administrators of Designer Yarns (Deutschland) GmbH.

Jobs saved after South Wales distribution company sold out of administration

Twenty four jobs have been saved after a South Wales distribution company was sold out of administration.

Jobs secured after new renewable energy company is formed

The future of 44 jobs has been saved after funding was secured to set up a new renewable energy company.

Toon caravan park sold to the shareholders

Begbies Traynor, the liquidators of registered charity Peterhead Projects Limited, have completed the sale of Peterhead Lido Caravan Park to a consortium of the caravan park residents enabling the caravan park to continue trading.

Leading Welsh construction company ceases trading

Contract Services (South Wales) Limited, which has successfully traded in Port Talbot and Caerphilly for 21 years, faced unexpected cash flow pressures earlier this year.

BTG Corporate Finance advises Japanese manufacturer on two British acquisitions

IMV Europe Limited, part of Osaka based IMV Corporation has simultaneously acquired two businesses.

Guidance for Businesses on Employee Benefit Trusts following HMRC Supreme Court Victory

Begbies Traynor is currently advising company directors and business owners who have historically paid into Employee Benefit Trusts (EBTs) in light of HMRC’s recent Supreme Court victory over Rangers FC.