Welcome to Begbies Traynor Worcester. We are a group of licensed Insolvency Practitioners in Worcester offering services to help companies with either rescue or closure options.
When it comes to financial difficulties, there is seldom an easy way out – nor is there one solution that will work for everybody. However, enlisting the help of an insolvency professional at the first sign of difficulty can greatly increase your chances of a successful outcome. There are a range of business rescue and recovery options out there designed to help get your company back on track. The sooner you seek help, the more of these options will be open to you and your business.
We will take the time to understand your company, the issues it is currently facing, and your future aspirations for the business. Using this information we will talk you through the options available and suggest the one most appropriate for your situation.
Our Worcester office is one of six in the Midlands area with other Begbies Traynor locations at Birmingham, Burton, Northampton, Stoke-on-Trent and Nottingham. You can contact any of our offices to arrange a consultation with an insolvency practitioner and take the first step towards getting your business back on track.
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 Q4 2020 has recorded 630,000 businesses in ‘significant distress1’ after the largest numerical quarterly leap (73,000) in financially distressed companies since Q2 2017. This 13% increase (from 557,000 in Q3 2020) coRead more →
Highlights of the acquisition Represents the largest insolvency acquisition the group has undertaken to date Delivers a significant expansion of the group’s scale in London and the South of England…Read more →
The government has extended what is effectively a temporary ban on the use of statutory demands or winding up petitions in the context of commercial property leases where tenants cannot afford to pay their rent due to Covid-19.Read more →