News Hub
Here you’ll find Begbies Traynor Group news and commentary
Acquisition of Hamiltons
Begbies Traynor Group plc (the "Group"), the specialist professional services consultancy, today announces the acquisition of Hamiltons, a Sheffield based firm of business recovery and insolvency practitioners.
Kiwi Court Rules on £1.1million Seizure from Bankrupt British Citizen
A request from a Preston-based insolvency practitioner has led to a series of raids on the home of a British citizen by New Zealand police.
UK PLC struggling with £57.5bn liabilities as government prepares to announce Spending Review
Over 123,000 UK companies are struggling under the weight of nearly £58 billion worth of liabilities, according to the latest quarterly Red Flag Alert, issued today by Begbies Traynor, the UK’s leading business recovery specialist.
Acquisition of Extra by M3 Capital Partners Ltd
M3 Capital Partners Ltd (“M3”) is pleased to announce that it has today completed the purchase of Extra MSA Holdings Limited (“Extra”) from Swayfields Extra MSA Holdings Limited (in administration) (the “Vendor”) for its investment affiliate Evergreen Real Estate Partners LLC(“Evergreen”).
Mill Rythe Holiday Village
Kirstie Provan and Mark Fry of Begbies Traynor, appointed joint administrators over Mill Rythe Holiday Village LLP (“MRH”) on 9 September 2010, are delighted to announce the successful sale of the business and assets of MRH to Mill Rythe Limited (owned by Away Resorts Limited), a non-connected party of MRH.
Latest Red Flag Statistics
Begbies Traynor, the leading business rescue, recovery and restructuring specialist, today releases its Q2 2010 Red Flag Alert statistics, which monitor the early warning signs of company distress. The key headlines are as follows:
Begbies Traynor Group plc - Acquisition
Begbies Traynor Group plc (the "Group"), the specialist professional services consultancy, today announces the acquisition of Tomlinsons, a Manchester based firm of business recovery and insolvency practitioners.
Royal Norfolk Hotel in Administration
Jon Beard and Geoff Rhodes of the Brighton office of Begbies Traynor were today appointed administrators of The Royal Norfolk Hotel 2004 Ltd.
Collapse of major customer brings down Newport haulier
A South Wales haulage firm has gone into liquidation after its major customer went out of business.
The Rise of International Arbitration
The impact of the global economy and the continuing trend of increasing volume, size and complexity of cross-border transactions have served to fuel the demand for international arbitrations as a means to resolving trans-national disputes.
Over 140,000 Companies Show Real Signs of Financial Distress in Q4 2009
Red Flag Alert is a monitor of early warning signs of company distress by Begbies Traynor, the UK’s leading business rescue, recovery and restructuring specialist. The latest report focussing on Q4 2009 released today contains the following headlines:
Gateshead Nightclub Goes into Administration
The well-known western themed Tyneside nightclub and bar, Buffalo Joes, has been placed in administration.
Administration Deal Saves Historic Yorkshire Rugby League Club
The future of Keighley Cougars RLFC has been secured thanks to an administration deal negotiated by business rescue, recovery and restructuring specialist, Begbies Traynor.
Launch of Red Flag Alert; The First Comprehensive Corporate ‘Health Rating’ System Widely Available
The commercial launch of the Red Flag Alert system is set to bring new levels of financial transparency and in‐depth analysis to the general market for the first time. Red Flag Alert, which contains more than 6 million constantly updated records on businesses throughout the country, will revolutionise the means by which corporate and financial distress is measured.
Coventry RFC Ltd Formally Placed into Administration
Confusion surrounding the legal status of Coventry RFC Ltd, the city’s troubled Championship rugby club, came to an end today (Friday) when the club’s affairs were placed into the hands of joint administrators John Kelly and Bob Maxwell of corporate recovery specialists Begbies Traynor.
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