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Here you’ll find Begbies Traynor Group news and commentary
Independent food retailers suffer most from supermarket price wars
More than 2,600 SMEs in the sector struggle to survive as consumer spending habits evolve
Recovery firmly established as financial distress levels reduce year-on-year, but Q1 bites back
According to the latest Begbies Traynor Red Flag Alert for Q1 2014, which monitors the financial health of “Corporate UK”, levels of ‘Critical’ financial distress among UK businesses has decreased by 7% year on year, from 3,283 in Q1 2013 to 3,063 in Q1 2014. Construction, financial services and travel & tourism saw some of the largest declines in distress, falling 15%, 31% and 11% respectively.
Environmental Engineering announces acquisition of MSS Clean Technology
York-based MSS Clean Technology has been purchased by Environmental Engineering, securing the jobs of all 12 staff including the management team.
Town centre retail investment and development opportunity in Ayr
Administrators Begbies Traynor, jointly with Valad Europe, are marketing the Kyle Shopping Centre in Ayr. Read more on Begbies Traynor Group news section.
Double blow for flood-hit South West as coastal towns top financial distress league table
New research from Begbies Traynor, the UK’s leading independent insolvency practice, today reveals the towns and cities in the UK with the highest levels of corporate financial distress. The research, undertaken using the Red Flag Alert dataset, alarmingly reveals that as the beleaguered south west struggles with severe weather and flooding many of the region’s coastal towns are topping the financial distress league table.
'Business as usual’ at well-known country house hotel, Dunsley Hall Hotel
On 13 January 2014 Bob Maxwell and Nick Reed of Begbies Traynor in Leeds were appointed as joint administrators of the well-known country house hotel, Dunsley Hall, near Whitby.
“Feel Good” factor returns as critical business distress falls for three straight quarters
According to the latest Begbies Traynor Red Flag Alert for Q4 2013, which monitors the financial health of “Corporate UK”, levels of ‘Critical’ financial distress among UK businesses continued to recover during the final quarter of 2013, as improving business confidence drove strong growth across the UK’s core services sectors and encouraged growing numbers of entrepreneurs to incorporate new businesses during the past year.
Plymouth Nursing Home To Close After Unsuccessful Sale
A Plymouth nursing home is to close in early February after receivers were unable to find a buyer for the struggling business.
Weathershield Windows Limited placed into Administration
“Luton based frame fabricators, Weathershield Windows Limited (the Company), has been placed into Administration by the Directors of the Company.
Administrators sell Whitworth Hall Hotel saving 40 jobs
The popular Whitworth Hall Hotel in Spennymoor near Durham has been sold by administrators.
"Zombie” retailers feel the bite this winter as Austerity Britain takes hold
This Christmas, retailers across the country are succumbing to the cold as Austerity Britain gets into full swing, according to the latest research from Begbies Traynor, the UK’s leading business recovery practice.
8% of English football clubs facing ‘financial relegation’
Flat-lining attendances and rising costs are blamed for locking six English league clubs into a cycle of serious financial distress, a report issued today warns.
One in eight Scottish clubs face ‘financial relegation’ without fan-based ownership
A new report into the corporate health of Scottish football shows one in eight Scottish football clubs are stuck in the financial relegation zone.
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