Welcome to Begbies Traynor in Stevenage. We are a team of licensed insolvency practitioners guiding company directors, shareholders, and individuals through times of operational distress.
When it comes to matters of company debt problem, there is nothing our experienced team at our Stevenage office haven’t seen before. They have helped countless business across Stevenage and the wider Hertfordshire area and have enviable experience of advising sole traders, company directors, and shareholders of their options.
Whether you are struggling with ever-tightening cash flow, mounting debts, or an inability to repay your Bounce Back Loan, you are far from alone. Even though financial distress is far from uncommon, you still need to take the situation seriously and seek expert help and advice as soon as you can. Left alone, the situation is only likely to get worse; however, if you take action at an early stage, there are a range of formal and informal processes which could help turn around the fortunes of your business.
For those who have fallen into tax arrears, we can negotiate with HMRC on your behalf to allow you to repay the money you owe over a period of time and at a rate you can afford. If you are experiencing cash flow problems, yet trade is good, we can explore the possibility of injecting some third-party finance into your company to help ease these worries.
As fully qualified and licensed insolvency practitioners, we are also able to act on the full range of formal insolvency procedures, from administration through to Company Voluntary Arrangements (CVAs).
It will always be our primary objective to rescue the company and get your business back on a solid financial footing. However, if this is not possible, we can also act as liquidator should your company need to be placed into a Creditors’ Voluntary Liquidation to protect creditors and allow your employees to claim redundancy.
Regardless of your future ambitions for the company, rest assured that we will explore every possible option to allow you to achieve this. You can arrange an appointment with our Stevenage office or at our nearby locations in Luton or Welwyn Garden City.
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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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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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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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.
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