Our Dartford office is one of a network of offices across the UK, including several in the East London region. Our team is led by Bai Cham; an experienced business rescue expert who advises directors and stakeholders in times of financial distress.
Bai is also a licensed insolvency practitioner and can provide free consultations to directors when their company is struggling. If you would like a free company insolvency consultation, contact Bai and his team. Common director concerns centre around cash flow problems, a lack of finance or investment, overdrawn directors’ loan accounts, HMRC arrears, inability to pay staff or suppliers, and a range of other insolvency-related issues.
In a post-Covid UK, businesses are finding it tougher than ever to come out of the various lockdowns and back into profitable scenarios. Depending on the severity of your business problems, there are likely to be a number of solutions to explore. If the business itself is still viable but needs breathing space and cash flow injection, we can help through a restructuring process such as administration or Company Voluntary Arrangements. We can also negotiate Time to Pay with HMRC.
If cash flow is a more terminal issue with little chance of recovery, we can advise on business closure routes such as liquidation – where you can take control of the closure through a creditors’ voluntary liquidation as opposed to being shut down in a compulsory manner through a creditor’s winding-up petition.
Contact Begbies Traynor in Dartford for free, expert advice – we’re here to provide the clarity you need.
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 →