Partner-led Advisory and Professional Services Consultancy
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Our Birmingham office is one of over 100 regional offices across the UK, with ten in the Midlands, including Staffordshire and Wolverhampton, all of which provide expert help and strategic advice to company owners, commercial property landlords, investors and lenders, across a range of issues.
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 0121 695 1817.
Existing Cases & Contacts
Distressed Directors Advice Line
Our Birmingham office is one of over 100 regional offices across the UK, with ten in the Midlands, including Staffordshire and Wolverhampton, all of which provide expert help and strategic advice to company owners, commercial property landlords, investors and lenders, across a range of issues.
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.
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.
Begbies Traynor Group’s restructuring and insolvency specialists have considerable expertise working with businesses of all sizes, in a variety of sectors, and can demonstrate an impressive track record in restructuring, simplifying, and turning around distressed businesses. Financial advisers can provide advice to a certain degree but are not in a position to undertake certain procedures that a licensed insolvency practitioner can handle.
Our team of licensed insolvency practitioners can ascertain where your company is at and talk you through a number of possible solutions before pinpointing the right plan of action. We can also help if you’re being chased by creditors, facing tax problems with HMRC, or are being threatened by litigation.
On the other end of the spectrum, our team of Corporate Finance professionals can assist those looking to acquire a business, dispose of an unwanted corporate entity, or secure a new channel of funding to allow for an accelerated plan for growth or expansion.
Eddisons, our property advisory team, offer unrivalled real estate services to owners, landlords, and tenants of commercial property, as well as boasting a hugely successful auctions arm to the business.
No matter what you are facing, for professional and impartial advice in the Birmingham area, contact your local Begbies Traynor Group office. We’re located in the heart of the city, close to all railway networks.
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