News Hub
Here you’ll find Begbies Traynor Group news and commentary
481,000 businesses in significant financial distress as winter freeze impacts
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.
Eighty jobs saved with £1m sale of South Yorkshire engineering business
On 22 January 2019, Joanne Hammond and Claire Dowson of Begbies Traynor in Sheffield were appointed as joint administrators of Newburgh Precision in Rotherham with the company immediately being acquired by Ledantech Limited, saving all 80 jobs at the firm
Yorkshire family coach company ceases trading
Long‐established family business John Smith & Sons Ltd ceased trading last week. The directors have instructed Mike Jenkins and David Broadbent of Begbies Traynor to assist with the winding up of the company.
Begbies Traynor appointed liquidators of £300m turnover Omega Travel
An urgent investigation, led by Begbies Traynor, is underway to recover more than £20m owed to creditors of collapsed travel agency firm Omega Travel.
Key appointment at Begbies Traynor’s Birmingham office
Business recovery specialists Begbies Traynor continues to expand its offering in Birmingham with a new key appointment.
80 Jobs saved as trampoline parks sold out of administration
Administrators at a south west trampoline park have succeeded in saving 81 jobs at the company after securing the sale of the firm’s two divisions.
Liverpool craft beer brewery to be placed into liquidation
Liverpool craft beer brewery to be placed into liquidation. Begbies Traynor is the UK's market leader in business recovery. With over 100 UK offices and over 1000 staff we are well positioned to assist you.
Begbies Traynor strengthens North East operation with partner promotion
Leading professional services firm Begbies Traynor has promoted Gillian Sayburn to partner, working across the North East.
469,000 Businesses In ‘Significant’ Financial Distress
The number of UK companies rated as being in ‘significant financial distress’ during Q3 2018 has increased by 5% compared to the same quarter last year, according to the latest Red Flag Alert research data from Begbies Traynor, the UK’s leading independen
Historic West Yorkshire office fit out business placed into administration
On 5 October 2018, Lee Lockwood and Bob Maxwell of Begbies Traynor in Leeds were appointed as joint administrators of H. Waterhouse & Sons (Wakefield) Limited which has been trading for over 150 years.
St Giles Road sports ground to be sold
The freehold of the seven acre sports ground in Hove Edge, Brighouse, occupied by Brighouse Town FC, is to be offered for sale by the liquidators of Blakeborough Sports and Social Club.
Begbies Traynor appoints new head at Southampton office
Corporate recovery specialist Begbies Traynor has bolstered its growing team in Southampton with the appointment of a new partner who will head up the business in the city.
130 jobs saved as fire door firm rescued
More than 130 jobs have been saved at a North Wales firm after the business and assets were sold as a going concern.
Leeds‐based entertainment group placed into administration
Award‐winning bar company Burning Night, which owns Bierkeller Entertainment Complexes around the UK, was placed into the hands of joint administrators Andrew Mackenzie and Julian Pitts of Begbies Traynor in Leeds on 28 September 2018.
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