Partner-led Advisory and Professional Services Consultancy
Our Shrewsbury office is one of over 100 Begbies Traynor offices located across the country. With an extensive network of offices we are perfectly placed to assist company directors, shareholders, sole traders, investors, and landlords, no matter where they are business’s lifecycle. Whether you are looking to grow your company through an ambitious expansion project, or whether you need to consider your options for streamlining the business and improving its financial and/or operational efficiency, our expert team are here to help.
Note: Before calling, please ensure you are dialling the correct line. If you are a director of a UK company and need urgent advice on issues such as cash flow and financial uncertainty call our Distressed Directors Advice Line on 01743 493 046.
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Distressed Directors Advice Line
Our Shrewsbury office is one of over 100 Begbies Traynor offices located across the country. With an extensive network of offices we are perfectly placed to assist company directors, shareholders, sole traders, investors, and landlords, no matter where they are business’s lifecycle. Whether you are looking to grow your company through an ambitious expansion project, or whether you need to consider your options for streamlining the business and improving its financial and/or operational efficiency, our expert team are here to help.
The business of specialist management accountancy firm EK Williams has been sold via a pre-pack administration to a company owned by the former management. The sale was successfully negotiated after a period of marketing and discussion with interested parties. The company had provided bespoke services to petrol forecourt retailers since 1935. After acquiring another accountancy firm in 2010 the economic downturn caused difficulty in the company making the deferred payments, which led the directors to seek help from Begbies Traynor. The sale saved 27 jobs and provided continuity for its many blue chip customers.
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 days after appointment. HMRC had issued a winding up petition but liquidation would not be the best outcome, halting trade, losing goodwill and increasing preferential creditors through significant redundancies. Administration enhanced goodwill, ensured customer continuity and retaining most staff. This prompt ‘going concern’ sale allowed 49 stores in leasehold premises to go on trading, protecting over 240 jobs and minimising creditor claims.
Our Shrewsbury office is staffed with a team of highly experienced business recovery, financial advisory and property services specialists, here to impart the expertise and guidance you need.
For those limited companies which are struggling under the weight of increasing debt and lowering consumer confidence, our licensed insolvency practitioners can work alongside businesses of all sizes, and across a variety of sectors, helping you to understand your options and put a robust plan in place to protect both yourself and your creditors from the consequences of insolvency. Taking early action to address impending insolvency gives a company the best chance possible of effecting a successful business turnaround or recovery plan.
For those looking to expand their current operations, perhaps by diversifying their offerings or entering into a new marketplace, our in-house team of corporate finance and commercial funding specialists can help bring these plans to life. Our commercial funding team can use their network of contacts to help you secure vital funding at the very best rates possible, while our corporate finance experts are here to help you identify your next acquisition target based on your search criteria.
If you’re in Shrewsbury, or the wider Shropshire area, your local Begbies Traynor team can provide you with a free initial consultation. We will take the time to understand your situation, your challenges, as well as your future opportunities. We will work with you to identify the best course of action, before putting in place a robust strategy to implement these plans.
Alongside our Shrewsbury office, we have further locations in Staffordshire, Birmingham, and Nottingham.
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