Critical corporate financial distress levels jump as cocktail of threats start to take their toll
April 29th 2022
The latest Begbies Traynor “Red Flag Alert” research, which has examined the financial health of British companies for the past 15 years, highlights the strain two years of extraordinary financial pressures have had on thousands of UK companies.
Businesses braced for insolvency storm to hit home, as pandemic state aid and protection from creditors is shut off
January 28th 2022
Begbies Traynor’s “Red Flag Alert”, which has monitored the financial health of British companies for the past 15 years, now paints a particularly worrying picture for UK businesses with increasing numbers falling victim to pressures which have been build
Begbies Traynor Group complete the acquisition of Daniells Harrison Surveyors LLP
January 10th 2022
Begbies Traynor Group plc (the "group"), the business recovery, financial advisory and property services consultancy, today announces that it has completed the acquisition of Daniells Harrison Surveyors LLP ("Daniells Harrison").
562,000 UK Business Facing Financial Distress in Q3 2021 with Dramatic Rise in Court Action Fuelling Insolvency Concerns
October 29th 2021
The latest red flag research for Q3 2021 from Begbies Traynor, which monitors the financial health of UK businesses has recorded 562,550 businesses in ‘significant financial distress1’, with a 139% uplift in CCJs2 in the past year.
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