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Huntingdon Office - Insolvency Practitioners

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EXISTING CASES AND CONTACTS

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  • General Office Enquiries
  • Contact a member of our team
DISTRESSED DIRECTORS ADVICE LINE

  • Advice for Directors in Distress
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Welcome to Begbies Traynor in Huntingdon. We are a team of licensed insolvency practitioners providing help and advice to directors and shareholders of limited companies facing financial distress.

At the Huntingdon office of Begbies Traynor you will find a talented team of business turnaround, restructuring, and insolvency experts, here to help limited company directors, shareholders, as well as sole traders, during their most challenging times.

When your company is experiencing a period of financial distress, it is tempting to ignore the problems and hope they will resolve themselves on their own. Unfortunately, this is rarely the case, and you instead run the very real risk of exacerbating the issues you are facing. In order to increase your chances of emerging from a period of distress with a viable business to show for it, is to seek expert advice at an early stage.

There are a number of both formal and informal business rescue and turnaround processes which can be used to effect the successful recovery of a distressed business. At Begbies Traynor Huntingdon, our team of licensed insolvency practitioners are perfectly placed to explain each of these possible options to you, highlighting the pros and cons of each one. After careful consideration of your company, its current challenges, and likely future prospects, we will be able to give you our recommendation of the most appropriate solution for you, your company, and its creditors.

This may mean undergoing a process of operational and financial restructuring and entering into negotiations with creditors regarding your existing liabilities. This is achieved through a Company Voluntary Arrangement, and could allow you to exit costly lease agreements, as well as lowering your monthly contribution to existing debt. Alternative we could look at whether accessing external funding could ease your cash flow worries, or whether placing the company into administration would allow for the time and breathing space needed.

We are also here to talk you through the voluntary liquidation process if it is deemed that the company cannot be saved, or you have run out of desire to continue trading. Whether you want to save or close your company, your appointed insolvency practitioner will be here every step of the way, to ensure the best outcome for your company, staff, and creditors.

From our Huntingdon office, you can arrange a free no-obligation consultation, during which you can discuss the challenges your business is facing and understand your options for rescue or closure.

Huntingdon Address 148, 149 & 150 High Street, Huntingdon, PE29 3YH
Office Hours:
Monday to Friday 09:00 - 17:15

Huntingdon Office Contact Form


Here at Begbies Traynor Group we take your privacy seriously and will only use your personal information to contact you with regards to your enquiry. We will not use your information for marketing purposes. See PRIVACY POLICY

Case Studies


T-shirts on hangers
2nd Thoughts Ltd

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 …

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Architect making a model house
Architects

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…

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Large scale printer
Capital Print & Display

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…

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Begbies Traynor News


650,000 UK Businesses Facing Significant Financial Distress
July 28th 2021

The latest Red Flag Alert research for Q2 2021 has recorded 650,000 businesses in ‘significant financial distress’ – the second highest distress level ever recorded by this research.

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Liquidators appointed for Liverpool School of English
July 14th 2021

A language school in Liverpool which has taught thousands of international students for more than 20 years has ceased trading and entered voluntary liquidation.

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Scott Kippax takes reins at Begbies Traynor in Exeter following promotion
July 8th 2021

Scott Kippax has been promoted to partner at Begbies Traynor Group’s Exeter office, taking the reins at the firm’s Balliol House premises in the city.

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