Welcome to Begbies Traynor in Ashford. We are a group of licensed insolvency practitioners and business turnaround experts helping companies in Ashford and across the wider Kent area understand their rescue and closure options.
At our Ashford office you will find a talented team of licensed insolvency practitioners and business turnaround professionals. It is our aim to assist company directors and their shareholders during the toughest times.
If you believe your company may soon be insolvent – or you strongly suspect it already is – seeking swift professional advice is key. Financial distress manifests itself in a number of ways including tightening cash flow, mounting company debts, or an inability to meet your liabilities as and when they fall due.
We understand that asking for help at this time is difficult, however, rest assured there is no situation we haven’t seen before, and there is a solution to your current problems. Depending on how severe your financial difficulties are, as well as the company’s likely future viability, we can consider both formal and informal options which include:
In some cases, a company’s financial difficulties will have taken it beyond the point of rescue. In this instance, we can explain what placing the company into liquidation will mean for you, your company, and your employees.
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 →
Leading insolvency specialist Begbies Traynor has promoted Joanne Hammond to partner. Based in the firm’s Sheffield office, she works across the Yorkshire region.Read more →
The latest Red Flag Alert research for Q1 2021 has recorded 723,000 businesses in ‘significant financial distress1’ after the largest numerical quarterly leap (93,000) recorded in the research since its new version was launched in 2014. This 15% increaseRead more →
Kris Wigfield of Begbies Traynor in Sheffield and Steven Wiseglass of Inquesta, the joint liquidators of London-based recruitment business Sourcechain Technologies, have sold an unusual asset as part of their work to liquidate the company.Read more →