Welcome to the St. Albans office of Begbies Traynor, We advise directors and stakeholders in financial distress – helping to provide clarity of options when it feels as though there are none.
Begbies Traynor has a strong presence across the North London and wider Hertfordshire area with several offices in the region, and our St. Albans office is one of our most recent additions. Local businesses facing cash flow problems can contact us for a free consultation – we don’t judge; we just listen to the issues you are facing and provide our expertise in solving the problems.
It’s crucial that directors and shareholders take heed of the early warning signs of insolvency because it is a breach of fiduciary duties if a company trades whilst insolvent. If the business is unable to meet its liabilities as and when they fall due – such as being able to pay staff, suppliers or HMRC, you should speak to a local licensed insolvency practitioner.
Some businesses are plunged into emergency situations through the sudden loss of a major contract or client; and many are experiencing this at present following the Covid-19 pandemic. Regardless of the issues you are facing, we are on hand to support you through a free consultation.
Let’s get to the bottom of it and put an end to those sleepless nights. We can quickly ascertain whether your business is still viable and put a plan in place to stop creditor pressure.
Contact Begbies Traynor in St. Albans – we’re ready to help.
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 →