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Sunderland Office - Insolvency Practitioners

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EXISTING CASES AND CONTACTS

  • Current Case Updates for Creditors
  • General Office Enquiries
  • Contact a member of our team
DISTRESSED DIRECTORS ADVICE LINE

  • Advice for Directors in Distress
  • Arrange a Free Meeting
  • Request a Quotation

Welcome to Begbies Traynor in Sunderland. We are a team of licensed insolvency practitioners assisting companies in Sunderland and the wider Tyne and Wear area with all aspects of business distress.

Whether you want to throw everything you have at saving your company, or whether you are looking at ways of bringing it to an orderly end, Begbies Traynor in Sunderland are here to help.

As licensed insolvency practitioners, we are perfectly placed to help you understand your options when matters of financial distress threaten the future of your company. Our aim will always be to save any viable business, working alongside directors and shareholders to steer the company to a place of safety.

We will explore all viable options with you, including Company Voluntary Arrangements (CVAs),and placing the business into administration. We can also identify instances where a formal insolvency process may not be required, and instead we can suggest alternative strategies such as informal negotiations with creditors, or introduced new funds into the business to stimulate activity.

If your company is unable to be rescued, the only option may be to place the business into voluntary liquidation using a process known as a CVL. This will ensure the business is closed down in an orderly manner, while also treating all outstanding creditors fairly. Our licensed insolvency practitioners will handle the whole process on your company’s behalf, including dealing with creditors and having the company’s name removed from the Companies House register.

You can make an appointment with a licensed insolvency practitioner at our Sunderland office, or in nearby Newcastle for immediate help and advice.

Sunderland Address 4 Admiral Way, Sunderland, Tyne and Wear, SR3 3XW
Office Hours:
Monday to Friday 09:00 - 17:15

Sunderland Office Contact Form


Here at Begbies Traynor Group we take your privacy seriously and will only use your personal information to contact you with regards to your enquiry. We will not use your information for marketing purposes. See PRIVACY POLICY

Case Studies


T-shirts on hangers
2nd Thoughts Ltd

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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Architect making a model house
Architects

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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Large scale printer
Capital Print & Display

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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Begbies Traynor News


Another partner for Begbies Traynor’s Sheffield office
May 6th 2021

Leading insolvency specialist Begbies Traynor has promoted Joanne Hammond to partner. Based in the firm’s Sheffield office, she works across the Yorkshire region.

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Highest quarterly leap recorded by Red Flag Alert as almost 100,000 additional businesses drop into significant financial distress in Q1 2021
April 22nd 2021

The latest Red Flag Alert research for Q1 2021 has recorded 723,000 businesses in ‘significant financial distress1’ after the largest numerical quarterly leap (93,000) recorded in the research since its new version was launched in 2014. This 15% increase

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Apple founder’s 1973 job application sold for £200,000 in recruitment firm liquidation
March 31st 2021

Kris Wigfield of Begbies Traynor in Sheffield and Steven Wiseglass of Inquesta, the joint liquidators of London-based recruitment business Sourcechain Technologies, have sold an unusual asset as part of their work to liquidate the company.

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