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650,000 UK Businesses Facing Significant Financial Distress
July 28th 2021
The latest Red Flag Alert research for Q2 2021 has recorded 650,000 businesses in ‘significant financial distress’ – the second highest distress level ever recorded by this research.
Begbies Traynor Group Seals Finance Broker Deal
May 10th 2021
National professional services consultancy, Begbies Traynor Group has acquired leading finance broker, MAF Finance Group, previously known as Midlands Asset Finance, in a deal worth up to £11.75m.
Highest quarterly leap recorded by Red Flag Alert as almost 100,000 additional businesses drop into significant financial distress in Q1 2021
April 22nd 2021
The latest Red Flag Alert research for Q1 2021 has recorded 723,000 businesses in ‘significant financial distress1’ after the largest numerical quarterly leap (93,000) recorded in the research since its new version was launched in 2014. This 15% increase
Begbies Traynor Group completes acquisition of David Rubin & Partners
March 17th 2021
Begbies Traynor Group plc is pleased to announce that the acquisition of David Rubin & Partners Limited has completed. This represents the largest acquisition the Group has undertaken to date and …
Head of Begbies Traynor Group Cyprus Office is Granted Cypriot Insolvency Practitioner License
March 16th 2021
Following the acquisition of CVR Global LLP, by UK specialist professional services firm, Begbies Traynor Group, the head of its Cyprus office, Darren Reeds, has been awarded a Cypriot Insolvency Practitioner Licence. The licence was granted by the Cyprus
Begbies Traynor Group plc (the "group"), today announces that it has completed the acquisition of CVR Global LLP (“CVR”).
January 18th 2021
Highlights of the acquisition Represents the largest insolvency acquisition the group has undertaken to date Delivers a significant expansion of the group’s scale in London and the South of England…
557,000 UK businesses now in significant distress as numbers soar
October 29th 2020
The latest Red Flag Alert research for Q3 2020 has recorded 557,000 businesses in ‘significant distress1’ after the largest quarterly leap in financially distressed companies since 2017.
Seven consecutive quarters of rising financial distress leaves 527,000 UK businesses in a precarious position
July 24th 2020
The latest Red Flag Alert research for Q2 2020 has recorded seven consecutive quarters of increased financial impairment resulting in a record 527,000 businesses in significant* financial distress at the end of June 2020
Coronavirus pushes financially distressed companies over the half-million mark
April 17th 2020
Number of businesses in significant distress stands at 509,000 – the highest number measured by the Red Flag Alert research