Begbies Traynor Group

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Here you’ll find Begbies Traynor Group news and commentary

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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.

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Begbies Traynor expands business recovery team in Brighton

Begbies Traynor Group plc, the professional services consultancy, is expanding its business recovery team in Brighton with the acquisition of White Maund Insolvency Practitioners.

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14 Jobs saved in Pre-Pack sale of Advatek Limited

A Wrexham-based IT services company has been sold out of administration, safeguarding 14 jobs. Advatek (UK) Limited’s business operations have been acquired by CAE Technology Services Limited in a pre-packaged sale overseen by administrators Craig Povey and Gareth Prince of Begbies Traynor.

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BTG Advisory boosts team with appointment of David Hopkins as partner

BTG Advisory, a division of Begbies Traynor Group, has strengthened its senior team with the appointment of experienced restructuring professional David Hopkins as a partner.

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Autumn Budget 2024 - The Future of Members’ Voluntary Liquidations

What the Autumn Budget means for solvent liquidations this year and beyond

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Begbies Traynor appoints another insolvency director in Scotland

Leading professional services firm Begbies Traynor has appointed insolvency specialist Kevin Mapstone as a director based at its Edinburgh office.

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Red Flag Alert Report - Q3 - Uncertain outlook for the UK economy pushes a record number of businesses into significant financial distress

Uncertain outlook for the UK economy pushes a record number of businesses into significant financial distress.

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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.

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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.

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Channel Island Ceramics – Appointment of Administrators

Channel Island Ceramics today announces that it has appointed Administrators from Begbies Traynor in respect of the business.

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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.

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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.

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BTG Advisory appoints Jack Clitheroe as partner

Jack joins BTG Advisory, a division of Begbies Traynor Group, from Azets, bringing with him a wealth of expertise in forensic accountancy, including eleven years at EY.

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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.

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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.

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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).

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