Welcome to Begbies Traynor Colchester – previously CVR Global. We are a group of licensed insolvency practitioners providing assistance to companies and individuals facing financial distress.
Our Colchester team have a wealth of experience assisting sole traders, company directors, shareholders, as well as individuals, navigate their way through their toughest times. The team have an enviable collective experience within corporate insolvency, meaning there is nothing they haven’t seen before. Regardless of how bad you feel your situation is, rest assured that there is a solution out there that can help.
It is an unfortunate fact that many businesses will experience some form of financial distress at some point. For some this may be a short-term squeeze on cash flow which is quickly remedied, while others will end up in an insolvent position which requires the help of a formal insolvency solution. This is where we can help.
Just as no two businesses are the same, neither should be the solution. We will treat your company as the individual entity that it is, ensuring we get to the root of the challenges being faced allowing us to objectively assess the ongoing viability of the business.
We will always work towards the most appropriate outcome for your business, whether that is a full-scale restructuring of the company, refinancing and renegotiating existing liabilities to improve cash flow, or else bringing the company to an orderly end through a voluntary liquidation procedure. Our team will fully explain the ins and outs of each process, allowing you to make an informed decision based on what is best for your company and its creditors.
Our offerings are not just limited to matters of insolvency; our wider advisory options include forensic accounting and a pensions advisory service and are both available in-house within our Colchester office.
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 →
The latest Begbies Traynor “Red Flag Alert” research, which has examined the financial health of British companies for the past 15 years, highlights the strain two years of extraordinary financial pressures have had on thousands of UK companies.Read more →
Joint administrators Bob Maxwell and Louise Longley from Begbies Traynor, who were appointed as joint administrators of Elland commercial joinery and shopfitting firm Crossley Webb Contracts (CWC) on …Read more →
On 6 April 2022 Ken Pattullo and Kenny Craig of Begbies Traynor were appointed as joint provisional liquidators of Gibson Direct Ltd.Read more →