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First Step Finance Limited enters administration

First Step Finance Limited, Debt Help & Advice Limited, Primary Business Solutions Limited - All In Administration.

Begbies Traynor completes Ian Franses acquisition

Begbies Traynor Group plc (the "Group"), the UK's leading independent business recovery practice, is pleased to announce completion of the acquisition of the trade and assets of Ian Franses Associates Ltd ("Ian Franses"), the London-based corporate insolvency specialist.

Scottish football stuck in ‘financial doldrums’ as one in ten clubs face financial distress

The latest report into the financial health of Scotland’s football clubs shows a picture of financial stagnation and declining match attendances, with gloomy economic prospects for one in ten of the clubs in the top three Scottish divisions.

More than 11% of English league football clubs facing ‘severe financial pressure’ as curtain falls on the season

In the first season in which football clubs’ accounts have come under the scrutiny of the Financial Fair Play rules, the overall health of English league clubs has deteriorated, according to a report issued today.

50 Jobs saved as care agency sold out of administration

Fifty jobs have been saved after a Salisbury care agency which supplied home care nursing staff across Wiltshire was sold out of administration.

Sale of shopping centres breathes new life into Ayr

The Kyle Shopping Centre in Ayr, the nearby Arran Mall and an adjacent development site in Carrick Street have been sold in a multi million pound deal.

Buyers sought for Dorchester and Bournemouth care homes

Following the appointment of Bob Maxwell and Julie Palmer as joint administrators of Dorchester Care LLP and its designated member Lyndale Healthcare Limited on 10 April 2014, buyers are being sought for three nursing homes.

No respite for SMEs despite economic recovery

Independent food retailers suffer most from supermarket price wars

More than 2,600 SMEs in the sector struggle to survive as consumer spending habits evolve

Recovery firmly established as financial distress levels reduce year-on-year, but Q1 bites back

According to the latest Begbies Traynor Red Flag Alert for Q1 2014, which monitors the financial health of “Corporate UK”, levels of ‘Critical’ financial distress among UK businesses has decreased by 7% year on year, from 3,283 in Q1 2013 to 3,063 in Q1 2014. Construction, financial services and travel & tourism saw some of the largest declines in distress, falling 15%, 31% and 11% respectively.

Environmental Engineering announces acquisition of MSS Clean Technology

York-based MSS Clean Technology has been purchased by Environmental Engineering, securing the jobs of all 12 staff including the management team.

Town centre retail investment and development opportunity in Ayr

Administrators Begbies Traynor, jointly with Valad Europe, are marketing the Kyle Shopping Centre in Ayr. Read more on Begbies Traynor Group news section.

Double blow for flood-hit South West as coastal towns top financial distress league table

New research from Begbies Traynor, the UK’s leading independent insolvency practice, today reveals the towns and cities in the UK with the highest levels of corporate financial distress. The research, undertaken using the Red Flag Alert dataset, alarmingly reveals that as the beleaguered south west struggles with severe weather and flooding many of the region’s coastal towns are topping the financial distress league table.

'Business as usual’ at well-known country house hotel, Dunsley Hall Hotel

On 13 January 2014 Bob Maxwell and Nick Reed of Begbies Traynor in Leeds were appointed as joint administrators of the well-known country house hotel, Dunsley Hall, near Whitby.

“Feel Good” factor returns as critical business distress falls for three straight quarters

According to the latest Begbies Traynor Red Flag Alert for Q4 2013, which monitors the financial health of “Corporate UK”, levels of ‘Critical’ financial distress among UK businesses continued to recover during the final quarter of 2013, as improving business confidence drove strong growth across the UK’s core services sectors and encouraged growing numbers of entrepreneurs to incorporate new businesses during the past year.