Welcome to Begbies Traynor Group in Edgware. Our team of licensed insolvency practitioners and business rescue specialists are here to support you and your business in all areas of insolvency, liquidation, and business turnaround.
Our wide range of services gives you immediate access to reliable advice and proactive measures in times of company financial distress. Our Edgware team can advise you on your best options, whether your business’ problems are insurmountable, or you can recover your financial footing.
If financial recovery is not possible, Creditors’ Voluntary Liquidation (CVL) will protect your creditors’ financial position and also ensure you fulfil your obligations as a company director.
We can also offer guidance on the risks of compulsory liquidation for your business, the key issues for you as a director, and explain the benefits of placing your company into liquidation voluntarily.
Begbies Traynor Group are also company rescue specialists, and will help you turn your business around if at all possible.
Rescuing your business might involve additional finance or renegotiating company debts within a formal Company Voluntary Arrangement (CVA). We can also advise on Members’ Voluntary Liquidations (MVLs), which can be used in various circumstances, including when a solvent business is no longer needed or a director is approaching retirement.
Begbies Traynor is the UK’s leading insolvency practice and provides invaluable support to worried company directors dealing with the unprecedented circumstances of the coronavirus pandemic.
Covid-19 has created an unsustainable operating environment for many businesses that have been forced to close down or take emergency measures, even if they were highly successful before the pandemic.
Our office in Edgware has excellent road and public transport links but we also operate other offices close by, including Harrow and Finchley, if these are more convenient. All our offices offer telephone and video consultations so you can quickly and easily access the professional advice 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 →