Welcome to Begbies Traynor Group in Llandudno. We are a team of highly experienced licensed insolvency practitioners and business turnaround experts covering the Llandudno area and Anglesey, and can help you and your business with a range of closure and rescue services.
We offer reliable independent professional advice and practical support for insolvent company liquidation, and the implications for directors. Acting quickly is essential if you believe your business is insolvent, as you have a legal duty to creditors to minimise their financial losses.
The coronavirus pandemic has exacerbated financial difficulties for many companies that were already struggling, but has also severely affected previously profitable and successful businesses.
As the leading insolvency practice in the UK, we are well versed in helping company directors’ deal with the aftermath of Covid-19 and either liquidate according to statutory procedure or access rescue and recovery solutions that make a real difference.
A Company Voluntary Arrangement (CVA) is just one potential solution if your company is experiencing short-term financial problems. Your company’s debts are restructured within a new agreement that is legally binding on all parties, and so your business is protected from creditor action.
Being in arrears with HMRC can also be particularly worrying for company directors, but if appropriate we will negotiate on your behalf for more time to pay. Their Time to Pay (TTP) arrangement may help you deal with looming insolvency by removing some of the financial pressure on working capital. Other rescue options can include company administration, which is a process that protects your company from creditor legal action.
Our office in Llandudno is central to the town, and easily reached from the surrounding areas including Anglesey. We also operate other offices, such as Chester, and offer video and telephone consultations to company directors.
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 →
One of the many responsibilities of a limited company director is to ensure their company is run in accordance with the Insolvency Act 1986 at all times.Read more →
Jehu Group Limited (“JG”)Jehu Project Services Limited (“JPS”)Waterstone Homes Limited (“WH”)Together (the Companies) Huw Powell, Katrina Orum and Paul Wood were appointed joint administra…Read more →
Jehu Group Limited, Jehu Project Services Limited and Waterstone Homes Limited have ceased trading and Begbies Traynor has been engaged to assist the directors in placing the companies into administration.Read more →