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Bury St Edmunds Office - Insolvency Practitioners

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EXISTING CASES AND CONTACTS

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DISTRESSED DIRECTORS ADVICE LINE

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Welcome to Begbies Traynor Bury St Edmunds. We are a group of licensed insolvency practitioners providing help and guidance to companies and individuals facing financial and operational distress.

Our team at the Bury St Edmunds office have a wealth of experience when it comes to advising sole traders, company directors, and shareholders with all aspects of company and business distress. The team have helped countless businesses across Bury St Edmunds and the wider Suffolk area with a range of issues including cash flow problems, growing debts, and falling trade.

Rest assured there is nothing they haven’t seen before, and no matter how serious you feel your situation is, there is always something we can do. It is always our primary aim to save the business, and we will consider every option possible to make this happen. If you are struggling with HMRC arrears, we can enter into negotiations on your behalf to come to an affordable and sustainable repayment plan; if you are experiencing increasing creditor pressure, we can likewise work to come to a mutually beneficial arrangement through either a formal or informal process.

It is an unfortunate fact that many businesses will experience some form of financial distress at some point. This does not necessarily mean the company is beyond rescue, but it does mean action needs to be taken to give the company the very best chance of effecting a successful turnaround. The sooner advice is sought, the more options will be available to you and your company.

As licensed insolvency practitioners we can consider the full range of formal insolvency processes, from Company Voluntary Arrangements (CVAs) to lessen monthly debt repayments, a full-scale restructuring of the company via company administration, through to bringing the company to a close by placing it into voluntary liquidation. We will leave no stone unturned to help your company solve its current problems and look forward to a brighter future.

Bury St Edmunds Address Davies House, Hillside Business Park, Kempson Way, Bury St Edmunds, IP32 7EA
Office Hours:
Monday to Friday 09:00 - 17:15

Bury St Edmunds Office Contact Form


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Case Studies


T-shirts on hangers
2nd Thoughts Ltd

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 …

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Architect making a model house
Architects

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…

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Large scale printer
Capital Print & Display

This London-based large-scale printer was given a cash payment to move from its site by the London Development Agency (LDA), making way for London’s 2012 Olympic Park. After moving, the firm experie…

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Begbies Traynor News


Another partner for Begbies Traynor’s Sheffield office
May 6th 2021

Leading insolvency specialist Begbies Traynor has promoted Joanne Hammond to partner. Based in the firm’s Sheffield office, she works across the Yorkshire region.

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Highest quarterly leap recorded by Red Flag Alert as almost 100,000 additional businesses drop into significant financial distress in Q1 2021
April 22nd 2021

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% increase

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Apple founder’s 1973 job application sold for £200,000 in recruitment firm liquidation
March 31st 2021

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.

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