Welcome to Begbies Traynor Group in Aberystwyth. Our team of licensed insolvency practitioners and business rescue experts are here to support you and your business with a variety of closure and rescue services.
We offer professional advice and guidance on all insolvency and liquidation matters, and can determine the financial status of your business. If your company’s position is unsustainable we will explain how voluntary insolvent liquidation works, and the implications for yourself and any fellow directors.
Entering Creditors’ Voluntary Liquidation (CVL) means that your company will close down following the realisation of its assets. We can also advise on your eligibility for director redundancy, which is available if certain conditions are met.
We are also business rescue experts, and will present any turnaround options that are appropriate. These might involve formal measures such as entering company administration or restructuring debts under a Company Voluntary Arrangement (CVA), but could include informal solutions such as additional finance.
Begbies Traynor has connections with alternative financiers around the UK, and will advise on the best funding solutions for your business. We can also negotiate with HMRC on your behalf if you have fallen behind with your business taxes, as they offer extra time to pay to some businesses in temporary financial difficulty.
Dealing with the coronavirus pandemic has been extremely challenging for many businesses, and continues to cause economic disruption. We are the leading insolvency practice in the UK, and are perfectly placed to deliver the reliable advice and solutions you need.
Our Aberystwyth office is centrally placed in the town, and offers easy access for businesses throughout the surrounding areas. We also offer video and telephone consultations to company directors, making it easier for you to receive support quickly and conveniently.
2nd Thoughts Ltd, trading as Ellie Louise and Happit, was sold by our Leeds team after this long established chain fell victim to the retail sector downturn. Moving quickly they secured a buyer three …Read more →
The Company had relationships with some national house builders as well as smaller Companies. They had experienced cash flow issues due to slow paying debtors and this meant that they had fallen beh…Read more →
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 clubsRead more →
March 2022 Football Distress Survey: Scottish clubs keep finances tight while English clubs suffer from ‘unsustainable’ pressure of rising player wagesRead more →
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.Read more →