Existing Cases: 01246 502 571 New Enquiries: 01246 502 571

Chesterfield Office - Insolvency Practitioners

Before you call, please ensure you are dialling the correct line. If you are a director of a UK company and need urgent advice on issues such as cash flow and financial uncertainty, please ensure you dial our Distressed Directors Advice Line.
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EXISTING CASES AND CONTACTS

  • Current Case Updates for Creditors
  • General Office Enquiries
  • Contact a member of our team
DISTRESSED DIRECTORS ADVICE LINE

  • Advice for Directors in Distress
  • Arrange a Free Meeting
  • Request a Quotation

Welcome to Begbies Traynor in the South Yorkshire town of Chesterfield. My name is Kris Wigfield and both my team and I are here to help company directors across the region when facing financial distress.

We have a strong and proud presence across Yorkshire with a number of Begbies Traynor offices, and our Chesterfield base serves as a director and stakeholder advice hub for all local businesses – particularly those with insolvency concerns, cash flow problems, company debts, HMRC arrears, and other operational issues.

The levels of business distress in South Yorkshire has significantly risen since the beginning of the Covid-19 pandemic - which has caused strain for thousands of UK companies - and the best way to mitigate financial uncertainty in these testing times is to take early advice.

If cash flow is an unrelenting problem, liquidation options may need to be explored but we can quickly ascertain if this is the only option available to your company. If this is the case, we can plan guide you through the company closure process and explain how directors could potentially claim redundancy in insolvent liquidation scenarios – of which the average director claim is £9,000.

If cash flow is a more repairable issue, we can provide guidance on business rescue solutions such as administration or a CVA – including the recently devised fast-track CVA which is designed to help smaller businesses affected by the Covid-19 pandemic.

The critical issue is whether your business is still fundamentally viable and can return to profitability with some restructuring. Many businesses simply need the breathing space from a relaxation in HMRC pressure in order to get their heads above water again.

Contact Begbies Traynor in Chesterfield for your free consultation today – we’re here to provide the support you need.

Chesterfield Address Tapton Park Innovation Centre, Brimington Road, Tapton, Chesterfield, S41 0TZ
Office Hours:
9am - 5.30pm

Chesterfield Office Contact Form


Here at Begbies Traynor Group we take your privacy seriously and will only use your personal information to contact you with regards to your enquiry. We will not use your information for marketing purposes. See PRIVACY POLICY

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


Begbies Traynor Group’s advisory team strengthened with appointment of Humber-based bank lending expert
December 2nd 2021

Danny Scarr, an experienced banking professional, has been appointed as a director in Begbies Traynor Group’s advisory practice as it builds its offering across the Humber region and East Yorkshire.

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562,000 UK Business Facing Financial Distress in Q3 2021 with Dramatic Rise in Court Action Fuelling Insolvency Concerns
October 29th 2021

The latest red flag research for Q3 2021 from Begbies Traynor, which monitors the financial health of UK businesses has recorded 562,550 businesses in ‘significant financial distress1’, with a 139% uplift in CCJs2 in the past year.

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Toxic debt held by 52% of all businesses as money owed increased by £1.9tn in 2020
October 26th 2021

New data from Begbies Traynor Group has found that UK corporate debt soared by £1.9tn in 2020 to £6.6tn, and 52% of UK businesses are now saddled with ‘toxic debt’ that may never be repaid.

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