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High diesel costs put brakes on Wales Haulage firm

The soaring price of fuel has driven haulier, Scott Commercials Ltd to close with the loss of10 jobs. Begbies Traynor has been appointed as liquidators of the company, which ceased trading in late June 2022.

Critical financial distress rises, as companies face a combination of economic threats

The latest Begbies Traynor “Red Flag Alert” report, which has provided a snapshot of British corporate health for the past 15 years, reveals the financial strain continuing to be faced by thousands of British businesses.

Distress rates ‘level off’ for Lancashire firms but dangers lurk ahead for almost 10,000 companies

New data published today by Begbies Traynor (5th August 2022) indicates a short-term levelling off in distress rates for firms across Lancashire as company directors fight hard against the impact of spiralling inflation.

Distress rates ‘level off’ for North West firms but dangers lurk ahead for 55,000 companies

New data published today by Begbies Traynor (5th August 2022) indicates a short-term levelling off in distress rates for North West firms as company directors fight hard against the impact of spiralling inflation.

Distress rates ‘level off’ for Liverpool City Region firms but dangers lurk ahead for almost 9,000 companies

New data published today by Begbies Traynor (5th August 2022) indicates a short-term levelling off in distress rates for Liverpool City Region firms as company directors fight hard against the impact of spiralling inflation.

Begbies Traynor Advises on First SME Court Sanctioned Restructuring Plan

Begbies Traynor has advised on the first SME restructuring to use a “cram down” of dissenting creditors in a turnaround which has saved more than 300 jobs.

Begbies Traynor in Staffordshire appoints new insolvency specialist

Begbies Traynor in Staffordshire continues to expand with the appointment of Ben Gray as insolvency manager.

Crossfield Living enters creditors’ voluntary liquidation

Liverpool-based construction firm Crossfield Living Limited has entered creditors’ voluntary liquidation with Jason Greenhalgh and Paul Stanley of Begbies Traynor being appointed as joint liquidators.

Crossfield Living enters creditors’ voluntary liquidation

Begbies Traynor Red Flag Alert Football Financial Distress Survey (Scotland)

March 2022 Football Distress Survey: Scottish clubs keep finances tight while English clubs suffer from ‘unsustainable’ pressure of rising player wages

Begbies Traynor Red Flag Alert Football Financial Distress Survey (England)

March 2022 Football Distress Survey: Almost half of EFL clubs see continuing financial distress as high levels of debt and rising player wages choke English clubs

Jobs saved as Sheffield allergen free food business bought out of administration

Following the appointment of Kris Wigfield, Jo Hammond and Andrew Mackenzie of Begbies Traynor as joint administrators of Delicious Alchemy Ltd on 18th May 2022, a sale of the business and assets has been completed, saving 25 jobs.

Begbies Traynor sponsors Red Rose Awards 2022

The Preston office of Begbies Traynor are proud sponsors of the Drinks Reception for the keenly anticipated Red Rose Awards 2022 being held on Thursday 9th June 2022 in Blackpool.

Critical corporate financial distress levels jump as cocktail of threats start to take their toll

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.

Elland joinery firm CWC bought out of administration

Joint administrators Bob Maxwell and Louise Longley from Begbies Traynor, who were appointed as joint administrators of Elland commercial joinery and shopfitting firm Crossley Webb Contracts (CWC) on 11 April, have sold the business to the Oak Touch.