Welcome to Begbies Traynor in Winchester. We are a group of licensed insolvency practitioners and business turnaround experts helping companies in Winchester and across Hampshire understand their options for rescue and closure.
At our Winchester office you will find a talented team of licensed insolvency practitioners and business turnaround professionals, all committed to assisting company directors, shareholders, and sole traders during their toughest times.
If your company is insolvent, or you are concerned it is heading that way, seeking professional advice at the earliest possible opportunity is vital. Left alone, financial issues often escalate and can rapidly push a viable business to the brink of insolvency. Financial distress displays itself in a variety of ways, but you should be alert to any tightening of cash flow, soaring monthly costs, or an inability to secure finance or extend existing funding channels.
Depending on where your company is feeling financial pressure, as well as how receptive your creditors are when it comes to renegotiating your liabilities, there are several options we can consider, including:
Unfortunately, not all companies can be saved, and if you would like to explore the possibility of liquidating your company, we can talk you through the whole process, and as licensed insolvency practitioners, we can act as liquidators if formally appointed.
Arrange a free consultation at our Winchester office to learn more about your options.
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 Red Flag Alert research for Q2 2021 has recorded 650,000 businesses in ‘significant financial distress’ – the second highest distress level ever recorded by this research.Read more →
A language school in Liverpool which has taught thousands of international students for more than 20 years has ceased trading and entered voluntary liquidation.Read more →
Scott Kippax has been promoted to partner at Begbies Traynor Group’s Exeter office, taking the reins at the firm’s Balliol House premises in the city.Read more →