Welcome to Begbies Traynor Aylesbury. We are a team of licensed insolvency practitioner and business turnaround experts. We provide help, advice, and guidance to companies in financial and operational distress.
At our Aylesbury office you will find a highly experienced team of business turnaround experts and licensed insolvency practitioners. Over the years we have helped countless businesses of all shapes and sizes and from a diverse range of sectors, navigate their way through their most challenging times. Whether this is due to unmanageable debts, growing creditor pressure, or a decline in trade, what all financially distressed companies have in common is a need to take swift action to remedy the problems they are facing.
Turning around a distressed company requires a tailored approach which takes into account the precise pressure points a business is up against. As licensed insolvency practitioners we can assess your company, its current position, as well as its likely future prospects, and decide on the most appropriate course of action.
This may include proposing a formal repayment plan with creditors via a Company Voluntary Arrangement (CVA) which will become legally-binding upon acceptance. Alternatively, administration may be an option for those companies who need to restructure while also being protected from threats of legal action. In instances where creditors are unwilling to compromise and the company is not in a position to repay its liabilities, placing the company into liquidation may be only option.
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 →