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 →
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 →