Welcome to Begbies Traynor in St Neots. We are a team of licensed insolvency practitioners and business rescue and restructuring experts. We assist companies in St Neots and the wider Cambridgeshire area, when it comes to understanding their options during times of financial distress.
Begbies Traynor’s St Neots office is here to help both company directors and their shareholders when instances of financial distress throw the future of a business into jeopardy. Our licensed insolvency practitioners will take the time to understand your company and the situation it finds itself in, before presenting you with appropriate solutions to help you overcome the challenges the company is facing.
By treating every company as the individual entity is it, we can guarantee a bespoke and tailored plan which takes into account not just your current position, but also your future ambitions for the company.
For some companies an appropriate solution may be a formal payment plan known as a Company Voluntary Arrangement (CVA). This allows an indebted company to restructure its borrowings, lower monthly repayments, without interrupting trade or operations. We can also help should the company need to be placed into administration. This process can help secure the future of the company in the long-term, while protecting it from threats of creditor action in the short-term.
It may be the case that your company cannot be saved – or maybe you simply do not have the desire to save the business. In this instance, a director can initiate the process of having the company liquidated through a Creditors’ Voluntary Liquidation – or CVL. Our insolvency practitioners are licensed to act as liquidators of an insolvent company, and be on hand throughout the entire process to you, from dealing with remaining creditors, through to explaining what the liquidation of the company will mean for you and your employees.
You can make an appointment with a licensed insolvency practitioner at our St Neots office, or in nearby Cambridge.
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 →
The latest Begbies Traynor “Red Flag Alert” research, which has examined the financial health of British companies for the past 15 years, highlights the strain two years of extraordinary financial pressures have had on thousands of UK companies.Read more →
Joint administrators Bob Maxwell and Louise Longley from Begbies Traynor, who were appointed as joint administrators of Elland commercial joinery and shopfitting firm Crossley Webb Contracts (CWC) on …Read more →
On 6 April 2022 Ken Pattullo and Kenny Craig of Begbies Traynor were appointed as joint provisional liquidators of Gibson Direct Ltd.Read more →