Welcome to Begbies Traynor Group in Darlington; one of several offices we have across the north east. Our Darlington office is led by Gerald Krasner; a vastly experienced business rescue specialist and licensed insolvency practitioner.
Gerald is well-known across the business community in the north east and Yorkshire, having worked in corporate insolvency for more than 50 years. He has seen all possible business insolvency scenarios and is perfectly placed to provide industry-leading advice to all directors and stakeholders.
Gerald and his team specialise in helping companies that can no longer meet their financial liabilities. Regardless of the sector your business is in, our team at Begbies Traynor will be able to outline the options available to you.
Taking early advice is key – particularly if cash flow is dwindling and you are struggling to meet current liabilities. If you continue to trade in an insolvent state and worsen the position of the company’s creditors, this is in breach of a director’s fiduciary duties and could be investigated by the Official Receiver. That’s why it’s optimal to seek the advice of a licensed insolvency practitioner from Begbies Traynor via a free consultation; Gerald would be happy to assist and explain the processes available.
If you’re looking for insolvency practitioners in Darlington to assist with a company distress scenario, look no further than Gerald and his team. You can meet with us at our Darlington office or alternatively set up a phone or video call at your convenience. Please get in touch and we will be happy to assist.
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 →
March 2022 Football Distress Survey: Almost half of EFL clubs see continuing financial distress as high levels of debt and rising player wages choke English clubsRead more →
March 2022 Football Distress Survey: Scottish clubs keep finances tight while English clubs suffer from ‘unsustainable’ pressure of rising player wagesRead more →
Following the appointment of Kris Wigfield, Jo Hammond and Andrew Mackenzie of Begbies Traynor as joint administrators of Delicious Alchemy Ltd on 18th May 2022, a sale of the business and assets has been completed, saving 25 jobs.Read more →