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Here you’ll find Begbies Traynor Group news and commentary
Critical corporate financial distress levels jump as businesses deal with the deteriorating economic environment
The latest Begbies Traynor Red Flag alert report, which has provided a snapshot of British corporate health for the past 15 years
Acclaimed vegan burger restaurant Frost Burgers enters administration
Frost Burgers, an acclaimed vegan burger restaurant in Manchester and Liverpool, has entered into administration.
Historic Monk Fryston Hall Hotel placed into administration
On 16 September 2022 Julian Pitts and Bob Maxwell of Begbies Traynor were appointed as joint administrators of Monk Fryston Hall Hotel Ltd.
Begbies Traynor LLP appointed as WRFC Trading Limited administrators
Julie Palmer, Julian Pitts and Andrew Hook have been appointed as Joint Administrators over WRFC Trading Ltd (“the Company”) on 27 September 2022. The Joint Administrators act as agents of the Company and without personal liability.
17 jobs saved at Liverpool-based appliance repair firm following acquisition
JK Domestics, an appliance repair service based in Liverpool, has been acquired out of administration in a pre-packaged deal secured by Begbies Traynor which has saved 17 jobs.
Liquidators seek buyer for massive hoard of craft ale in Manchester
Buyers are being urgently sought for a huge stock of beer brewed by defunct Manchester-based Beatnikz Republic Brewing Co which ceased trading in April this year.
High diesel costs put brakes on Wales Haulage firm
The soaring price of fuel has driven haulier, Scott Commercials Ltd to close with the loss of10 jobs. Begbies Traynor has been appointed as liquidators of the company, which ceased trading in late June 2022.
Critical financial distress rises, as companies face a combination of economic threats
The latest Begbies Traynor “Red Flag Alert” report, which has provided a snapshot of British corporate health for the past 15 years, reveals the financial strain continuing to be faced by thousands of British businesses.
Distress rates ‘level off’ for Lancashire firms but dangers lurk ahead for almost 10,000 companies
New data published today by Begbies Traynor (5th August 2022) indicates a short-term levelling off in distress rates for firms across Lancashire as company directors fight hard against the impact of spiralling inflation.
Distress rates ‘level off’ for North West firms but dangers lurk ahead for 55,000 companies
New data published today by Begbies Traynor (5th August 2022) indicates a short-term levelling off in distress rates for North West firms as company directors fight hard against the impact of spiralling inflation.
Distress rates ‘level off’ for Liverpool City Region firms but dangers lurk ahead for almost 9,000 companies
New data published today by Begbies Traynor (5th August 2022) indicates a short-term levelling off in distress rates for Liverpool City Region firms as company directors fight hard against the impact of spiralling inflation.
Begbies Traynor Advises on First SME Court Sanctioned Restructuring Plan
Begbies Traynor has advised on the first SME restructuring to use a “cram down” of dissenting creditors in a turnaround which has saved more than 300 jobs.
Begbies Traynor in Staffordshire appoints new insolvency specialist
Begbies Traynor in Staffordshire continues to expand with the appointment of Ben Gray as insolvency manager.
Crossfield Living enters creditors’ voluntary liquidation
Liverpool-based construction firm Crossfield Living Limited has entered creditors’ voluntary liquidation with Jason Greenhalgh and Paul Stanley of Begbies Traynor being appointed as joint liquidators.
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