Welcome to Begbies Traynor in the heart of Glasgow. We are a group of licensed insolvency practitioners offering a number of services to help businesses in financial distress.
Our Glasgow office is one of an extensive network of offices across the UK, including four offices in Scotland, underlining our commitment to businesses in financial strife and cementing our status as the UK’s leading independent business recovery practice.
Recognising the problem and taking expert advice as early as possible may allow a business turnaround or recovery plan to be formulated and successfully implemented. Begbies Traynor’s restructuring and insolvency specialists have considerable expertise working with businesses of all sizes, in a variety of sectors, and can demonstrate an impressive track record in reviewing and restructuring businesses.
Depending on the gravity of your financial circumstances, we can pinpoint the right process, whether that means company administration, company voluntary arrangements (CVAs), liquidation or factoring and invoice discounting to name just a few. We can also offer support if you are under scrutiny from HMRC, have a number of disgruntled creditors or facing a winding-up petition.
Our insolvency practitioners can also help company directors with personal insolvency matters and in the right circumstances, set up trust deeds, debt arrangement schemes (DAS) and bankruptcy/sequestration processes.
Our primary objective from the outset is always to try to restructure a struggling company to attain a positive outcome, although time can often be of the essence. A proactive approach to tackling company debts is always the most beneficial approach.
If you’re in the Glasgow area and require professional, independent advice, contact your local Begbies Traynor office for a free initial consultation. Ken Pattullo, Partner at the Glasgow office, will be on-hand to discuss your situation with you. Ken has a broad range of experience in Corporate Rescue and Recovery, as well as in turnaround and restructuring, corporate and personal insolvency, investigations and IBRs.
The assets of a 39-year-old family business were bought out of provisional liquidation by a new company, enabling manufacturing to restart with potentially around 30 new jobs. After being placed in li…Read more →
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 →
This London-based large-scale printer was given a cash payment to move from its site by the London Development Agency (LDA), making way for London’s 2012 Olympic Park. After moving, the firm experie…Read more →
As businesses across the UK struggle in the face of the coronavirus lockdown, thousands of people have been calling for dental appointmentsRead more →
Ken Pattullo and Kenny Craig of Begbies Traynor were appointed as joint liquidators of bridal studio Apple Blossom Time Limited on 27th November 2019.Read more →
The latest Red Flag Alert research for Q4 2020 has recorded 630,000 businesses in ‘significant distress1’ after the largest numerical quarterly leap (73,000) in financially distressed companies since Q2 2017. This 13% increase (from 557,000 in Q3 2020) coRead more →