Welcome to the Guernsey office of Begbies Traynor, led by Sarah Bryce – a senior insolvency administrator and well-known face in business circles across the island. Sarah can provide free, confidential advice to directors and stakeholders in financial distress – helping to provide clarity and options in times of uncertainty.
Sarah has a wealth of experience across a wide range of restructuring, closure, and insolvency matters, and has been appointed to handle complex local and cross-border insolvency appointments on the island.
Sarah has an outstanding track record of delivering clear, expert advice that helps businesses deal with insolvency issues in an efficient manner. Depending on the severity of your business problems, there are likely to be a number of solutions to explore which Sarah can explain via a free consultation.
If you’re concerned about the financial position of your company, it is absolutely crucial you take the earliest possible advice. If cash flow is running out and/or you are struggling to meet liabilities as and when they fall due, contact our Guernsey office for free, expert advice. Regardless of the issues you are facing, we’re only a phone call away – or a video call if you prefer.
In Guernsey, the benchmark for undertaking corporate affairs is measured against the ‘solvency test’ adopted in section 527(1) of the of the Companies Law. Sarah can ascertain whether your company is insolvent or not, and recommend practical next steps.
Our priority is always to try and save a company where possible; however, when closure is the only realistic option, we can outline the liquidation procedure and put in place an orderly closure of the business minimising the fallout to creditors and shareholders as much as possible.
Contact Sarah in our Guernsey office for your free director consultation.
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 →