Press Releases

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Begbies Traynor expands British Virgin Islands team with strategic hire, Elaine Hanrahan

Begbies Traynor Group (“Begbies Traynor” or the “Group”) is pleased to announce the appointment of Elaine Hanrahan as partner in its British Virgin Islands (BVI) office.

Long-established Yorkshire and Lincolnshire builders merchant placed into administration

On 9 October Andrew Mackenzie and Laura Baxter of Begbies Traynor were appointed joint administrators of Builders’ Merchant Company, a builders merchant retailer business with outlets in Rotherham, Hull, Goole and Scunthorpe.

Corby-based wholesale furniture business placed into liquidation

On 9th October 2024, Kevin Mapstone and Yiannis Koumettou of Begbies Traynor were appointed as joint liquidators of Corby-based wholesale furniture company, Kettle Home Ltd.

Sale of Lincolnshire agricultural machinery business saves 68 jobs

Sixty-eight jobs in Lincolnshire have been saved following the pre-pack sale of the Burdens Group in a deal negotiated by joint administrators Gareth Rusling and Robert Dymond of Begbies Traynor in Sheffield which completed on 19th August 2024.

Sale secures future of Leeds direct mail business and saves 30 jobs

The future of direct mail, fulfilment and print specialists, RNB Group, has been secured and the jobs of all 30 employees saved by a sale led by Bob Maxwell and Louise Longley of Begbies Traynor Group which completed on 23 August 2024.

Yorkshire duo call on Greek goddess of mariners as trans-Atlantic training gets underway

David Knaggs and Richard Larking, the duo of Leeds lawyers who plan to row across the Atlantic in 2025 to raise £100,000 for two Yorkshire charities, have taken to the waters of Tees Bay in their newly-named boat, Brizo.

Sale secures future of 125-year-old Newark Golf Club and provides return for members

Twenty jobs and a golf club that dates back more than a century have been saved by a sale led by Bob Maxwell and Robert Dymond of Begbies Traynor Group which completed on 16 July.

Over 600,000 UK firms face financial strain amidst challenging economic climate

The latest Begbies Traynor “Red Flag Alert” research, which has provided a snapshot of British corporate health for almost two decades, reveals a particularly worrying picture as the number of UK companies in ‘significant’ financial distress jumped by nearly 10% in Q2 2024 to 601,950 businesses (Q1 2024: 554,554).

Begbies Traynor Outlines Growth Ambitions with New Birmingham Office

Professional services consultancy, Begbies Traynor, is expanding its presence in Birmingham with new offices at One Temple Row to accommodate its expert team of business recovery specialists and turnaround advisors.

2024 Football Distress Survey English Football League

The March 2024 Football Distress Survey, which has been conducted by business recovery specialist Begbies Traynor since 2012, reports that financial distress is at an all-time low in the English Football League.

2024 Football Distress Survey Scottish Football League

The March 2024 Football Distress Survey, which has been conducted by business recovery specialist Begbies Traynor since 2012, has shown that there were just three clubs (7%) in Scotland’s four top leagues showing signs of financial distress, down by almost two thirds from a total of eight clubs a year ago.

Paramount D&B Ltd Administration FAQ

Susan Clay and Huw Powell were appointed joint administrators of the Company on 15 July 2024 and the Company has ceased trading.

Award-winning office fit out company ceases trading with 43 redundancies

Paramount D&B Ltd, one of Wales’ leading office fit out businesses, has ceased trading with Huw Powell and Susan Clay of Begbies Traynor appointed as administrators on 15th July 2024.

Andrew Mackenzie and Louise Longley appointed joint administrators of SH Structures Ltd

Andrew Mackenzie and Louise Longley were recently appointed joint administrators of SH Structures Ltd – a multi-award-winning steelwork business set up in 1992 by the chairman Simon Holden, with approximately 70 staff, based in Sherburn-in-Elmet.

Begbies Traynor confirms deal which saves 34 jobs

34 jobs have been saved in a deal which sees the sale of a specialist landscaping company as a going concern to a third party.

Administrators handover control of Torquay United to Bryn Consortium

The Bryn Consortium has completed its purchase of Torquay United following creditor approval of the CVA, which will see all tax debts, football and trade creditors paid in full by the in-coming ownership group within the next six months.