Welcome to Begbies Traynor Group in Eastbourne. Our team of licensed insolvency practitioners and business rescue experts are here to help you and your business take the right steps if you are experiencing financial distress or are already insolvent.
Our specialists provide trustworthy advice and will guide you through the multiple issues that arise when a company enters insolvency. From ensuring you fulfil your legal duties as a company director to taking the most appropriate steps given your company’s circumstances, you can rely on us to support and assist.
Our wide range of services covers company liquidation and closure, including Creditors’ Voluntary Liquidation (CVL), which is a preferable option to being forcibly closed down by a creditor.
We will explain the reasons why voluntarily placing your company into liquidation is the right course of action, not only for your creditors, but also for yourself and fellow company directors.
If the business can be saved through additional funding we will guide you on the best sources of finance, bearing in mind your sector and the specific needs of your company. Invoice finance could be a good choice if you run a valuable sales ledger, for example, and is a very flexible form of funding.
The coronavirus pandemic has created significant issues for companies that were previously profitable, and continues to cause financial decline across many industries. Begbies Traynor is the UK’s leading insolvency practice, and our teams are highly skilled in assessing a business’ needs under these challenging circumstances.
There is no time to waste if your company is insolvent – you need to seek assistance without delay for the best chance of success. Our Eastbourne office is readily accessible in the town centre but we also operate other offices nearby, including Brighton and Crawley. You can access professional advice very quickly as we offer video and telephone consultations to company directors.
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 →