Our Sector Expertise

State of the Market Report - 2021

State of the Market Report - 2021

The latest red flag research for Q3 2021 from Begbies Traynor, which monitors the financial health of UK businesses has recorded 562,550 businesses in ‘significant financial distress1’, with a 139% uplift in CCJs2 in the past year.

Latest Distress Stats

Our Sector Expertise

Automotive

The automotive industry encompasses a range of businesses, from small component suppliers, original equipment manufacturers (OEMs), through to vehicle manufacturers and dealerships.

Charities

Running a charity presents a unique challenge in the business world. While charitable enterprises play a pivotal role in supporting and improving the lives of many, they are also a major employer, with an estimated 900,000 working within the sector.

Construction

The initial government support schemes for businesses impacted by Covid-19 have now come to a close, leaving construction firms facing considerable cash flow pressures and a threat of looming insolvency.

Education

Regardless of whether you are operating a nursery, a university, or anything in between, the challenges inherent in running an education establishment have never been greater.

Healthcare

While the vast majority of companies only have to consider shareholder value, those within healthcare have a multitude of other considerations.

Hospitality and Leisure

The leisure and hospitality industry contributes billions to the UK economy every year, employing 10% of the country’s workforce.

Manufacturing

Manufacturers are struggling to maintain financial stability and deal effectively with a transforming operating environment, with many facing a decline towards insolvency and potential liquidation.

Professional and Financial Services

Obtaining sector-specific advice during times of operational and financial distress.

Property Services and Real Estate

The property and real estate sector has experienced unprecedented operational and financial challenges due to coronavirus, and also following the paradigm shift in the way people live and work.

Retail

Consumers are the ones who will shape the future of the industry, and retailers need to be agile enough to ensure they meeting these ever-changing expectations.

Sport

As the UK’s leading professional insolvency provider to sports clubs across the country, we are experienced in supporting sporting organisations at all leagues and divisions, including grassroots and semi-professional.

Media and Telecoms

A turbulent 2020 has given way to continued economic uncertainty in 2021, leaving the technology and media sector facing significant challenges to their financial wellbeing and future solvency.

Travel and Tourism

Tourism is estimated to contribute £106 billion to the British economy each and every year, supporting 2.6 million jobs in the process.

Transport and Logistics

The industry was already facing the challenges posed by Brexit, particularly for those involved in importing and exporting products, coupled with the rising cost of fuel.

Our Expertise

Advice you can trust

We are accredited by the following industry leading organisations

Insolvency Practitioners Association Institute of Chartered Accountants in England and Wales R3: Association of Business Recovery Professionals ICAEW Business Advice Service Turnaround Management Association ICAS | The Institute of Chartered Accountants of Scotland

Contact the Begbies Traynor Group team

or Find your Nearest Office

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

Processing...

This site uses cookies to monitor site performance and provide a more responsive and personalised experience. You must agree to our use of certain cookies. For more information on how we use and manage cookies please read our PRIVACY POLICY