Begbies Traynor Group

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TORQUAY UNITED

TORQUAY UNITED AFC EXITS CVA WITH FINAL TAX DEBT, FOOTBALL AND TRADE CREDITOR PAYMENTS

Torquay United AFC [The Torquay United Association Football Club Limited] has fulfilled the terms of its Company Voluntary Arrangement (CVA), with all tax debts, football and trade creditors now paid in full giving the club significantly more financial freedom.

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Red Flag Alert Report - Q1 2025 - UK Businesses Under Pressure Ahead of Impending Tariff and Tax Changes

Critical’ financial distress up by 13.1% year-on-year, despite 3.1% decrease across first quarter of 2025

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BVI Chairty Aliziehmers

BVI Governor joins Begbies to unveil $6,000 charity donation cheque

Daniel Pruce, Governor of the British Virgin Islands, was the guest of honour at the final charity quiz night sponsored by Begbies Traynor Group for VI Alzheimer’s Association on 9 April 2025. The BVI office of Begbies Traynor Group sponsored multiple charity nights over the first quarter of 2025 at Bamboushay Restaurant & Lounge in Tortola to raise essential, life-changing funds for the Alzheimer’s charity.

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Begbies Traynor Group continues midlands expansion with new Partner for Shropshire and Mid-Wales

Begbies Traynor Group has appointed Nick West as Partner to advise businesses across Shropshire and Mid-Wales, enhancing its insolvency services in the Midlands.

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Joinery

All jobs rescued at Joinery Classics Limited as buyout secured

All jobs have been saved at Evesham bespoke furniture manufacturer, Joinery Classics, after the business was bought out of administration by Bespoke Joinery Limited.

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Begbies Traynor Group appoints new Director to support Devon and Cornwall businesses

Begbies Traynor Group has appointed Michael Hall as Director in its Exeter office to enhance and expand its insolvency, rescue and restructuring services for businesses across Devon and Cornwall.

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Red Flag Q4

Historic jump in the number of firms in critical financial distress

Less than three months after the Budget, critical financial distress climbs by 50% to 46,853 businesses

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Begbies Traynor expands British Virgin Islands team with strategic hire, Elaine Hanrahan

Begbies Traynor Group (“Begbies Traynor” or the “Group”) is pleased to announce the appointment of Elaine Hanrahan as partner in its British Virgin Islands (BVI) office.

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Begbies Traynor expands business recovery team in Brighton

Begbies Traynor Group plc, the professional services consultancy, is expanding its business recovery team in Brighton with the acquisition of White Maund Insolvency Practitioners.

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14 Jobs saved in Pre-Pack sale of Advatek Limited

A Wrexham-based IT services company has been sold out of administration, safeguarding 14 jobs. Advatek (UK) Limited’s business operations have been acquired by CAE Technology Services Limited in a pre-packaged sale overseen by administrators Craig Povey and Gareth Prince of Begbies Traynor.

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BTG Advisory boosts team with appointment of David Hopkins as partner

BTG Advisory, a division of Begbies Traynor Group, has strengthened its senior team with the appointment of experienced restructuring professional David Hopkins as a partner.

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Autumn Budget 2024 - The Future of Members’ Voluntary Liquidations

What the Autumn Budget means for solvent liquidations this year and beyond

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Begbies Traynor appoints another insolvency director in Scotland

Leading professional services firm Begbies Traynor has appointed insolvency specialist Kevin Mapstone as a director based at its Edinburgh office.

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Red Flag Alert Report - Q3 - Uncertain outlook for the UK economy pushes a record number of businesses into significant financial distress

Uncertain outlook for the UK economy pushes a record number of businesses into significant financial distress.

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Builders Merchant

Long-established Yorkshire and Lincolnshire builders merchant placed into administration

On 9 October Andrew Mackenzie and Laura Baxter of Begbies Traynor were appointed joint administrators of Builders’ Merchant Company, a builders merchant retailer business with outlets in Rotherham, Hull, Goole and Scunthorpe.

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Corby-based wholesale furniture business placed into liquidation

On 9th October 2024, Kevin Mapstone and Yiannis Koumettou of Begbies Traynor were appointed as joint liquidators of Corby-based wholesale furniture company, Kettle Home Ltd.

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