Welcome to Begbies Traynor in High Wycombe. My name is Andrew Hook and I’m a licensed insolvency practitioner. Together with my team of experienced business rescue experts, we are here to support and advise businesses across the Buckinghamshire area in times of company distress.
Our High Wycombe office is one of more than 80 offices across the UK – emphasising our commitment to directors that they are never far away from free, confidential advice in times of financial uncertainty. If you are currently facing cash flow problems - brought about by the Covid-19 pandemic or by other factors – rest assured we can provide the advice you need in order to make the best operational decisions going forward.
We offer a range of solutions and will always look to rescue a viable business where possible, through measures such as financial restructuring, administration, a Company Voluntary Arrangement (CVA), emergency finance, and informal negotiations with creditors.
In some cases, where the insolvent state of the business renders it unviable, we can explain the step-by-step process of company liquidation and the costs involved to appoint a licensed insolvency practitioner. This brings an immediate end to creditor pressure and formally closes the company. If there are no requisite assets in the company to repay creditors, it is likely these debts will be written off. But only once we’ve taken stock of the company’s overall position can we make an expert recommendation.
It’s crucial that directors and shareholders take heed of the early warning signs of distress and contact us at the earliest possible stage. We can quickly ascertain whether the business can continue to trade and advise on your duties and responsibilities as a director – including advice on personal guarantees, overdrawn directors’ loan accounts, and liability for any financial covenants.
Contact Begbies Traynor in High Wycombe for free, expert advice.
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 →
Leading insolvency and restructuring firm, Begbies Traynor, has bolstered its senior team in Bristol with the appointment of a new partner.Read more →
Julian Pitts and Bob Maxwell of Begbies Traynor in Leeds were appointed joint administrators of City District Limited, which trades as the Fazenda Rodizio Bar & Grill alongside sister brand Picanh…Read more →
Bristol-based mechanical and electrical contractor, Priddy Engineering Services Limited (PES) has ceased trading with the loss of 29 jobs. The company, which designs, installs and maintains mechanical…Read more →