Partner-led Advisory and Professional Services Consultancy
Note: Before calling, please ensure you are dialling the correct line. If you are a director of a UK company and need urgent advice on issues such as cash flow and financial uncertainty call our Distressed Directors Advice Line on 01296 568 001.
Existing Cases & Contacts
Distressed Directors Advice Line
The business of specialist management accountancy firm EK Williams has been sold via a pre-pack administration to a company owned by the former management. The sale was successfully negotiated after a period of marketing and discussion with interested parties. The company had provided bespoke services to petrol forecourt retailers since 1935. After acquiring another accountancy firm in 2010 the economic downturn caused difficulty in the company making the deferred payments, which led the directors to seek help from Begbies Traynor. The sale saved 27 jobs and provided continuity for its many blue chip customers.
2nd Thoughts Ltd, trading as Ellie Louise and Happit, was sold by our Leeds team after this long established chain fell victim to the retail sector downturn. Moving quickly they secured a buyer three days after appointment. HMRC had issued a winding up petition but liquidation would not be the best outcome, halting trade, losing goodwill and increasing preferential creditors through significant redundancies. Administration enhanced goodwill, ensured customer continuity and retaining most staff. This prompt ‘going concern’ sale allowed 49 stores in leasehold premises to go on trading, protecting over 240 jobs and minimising creditor claims.
At Begbies Traynor Group, we take a partner-led approach to deliver collaborative solutions that are ambitious, highly effective, and result-driven. We are equipped to support corporate recovery and growth throughout any stage of the business journey.
Our Aylesbury team are highly experienced licensed insolvency practitioners and business turnaround experts. We handle the highest number of insolvency and restructuring appointments in the UK to help businesses of all sizes and sectors navigate their way through challenging times and return to profitability.
As licensed insolvency practitioners, we are best positioned to assess the financial health of a business and decide on the most appropriate course of action to protect creditor interests.
We offer a range of commercial finance and funding options to UK businesses through our diverse lender panel. We work directly with banks, financial institutions, independent lenders and private investors to source competitive finance solutions for businesses. We also provide financial advisory services to preserve and accelerate stakeholder value.
Our award-winning asset valuers and auctioneers operate in-person and online auction services to support commercial property, land, and asset disposals. We offer an end-to-end service to extend planning, valuation, and transaction support.
Our real estate advisory service for private and corporate clients includes property agency support, building surveying, project consultancy, valuations, property management and insurance.
As a multidisciplinary practice, our clients benefit from our wealth of knowledge across multiple service lines and direct advice from the industry’s leading professionals.
For a free confidential meeting, get in touch with Begbies Traynor Group in Aylesbury. We also have additional nearby offices in Luton and Oxford.
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