Welcome to Begbies Traynor in Crawley. We are a group of licensed insolvency practitioners providing help and guidance to companies and individuals facing insolvency and other forms of financial distress.
Our team at the Crawley office have a wealth of experience when it comes to advising directors and their shareholders across all aspects of business distress having helped countless businesses across the wider West Sussex area.
No matter how insurmountable you feel your problems are, rest assured there is always a solution out there. It is always our primary aim to save a struggling business where possible, and so long as you have the desire to rescue your company, we will be here every step of the way working to make that happen.
There are a range of business rescue solutions out there, each suited to varying levels of financial distress. For those who have fallen behind in their tax liabilities to HMRC, we can enter into negotiations on your behalf to put a Time to Pay (TTP) arrangement in place; alternatively if your debts are spread amongst a number of creditors, we can consider where a Company Voluntary Arrangement (CVA) may be more suitable.
Where operations need to be restructured, or the company primed for sale, company administration may be the best way of achieving this. The aim of administration is to save as many of the viable elements of the business as possible, or else maximise creditor returns; administration also grants companies with a moratorium which provides legal protection from creditors while a way forward is sought.
You can arrange a free consultation at our Crawley office where we will be happy to discuss your situation in more depth and help you understand your options for the future.
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 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.Read more →
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.Read more →
Experienced insolvency practitioner, Michaela Daly is stepping up to lead the Begbies Traynor operation in Staffordshire alongside partner Diane Dunion.Read more →