Our team are often the first port of call for clients facing financial uncertainty and challenges regarding future planning. We aim to deliver workable solutions that preserve business value and protect the interests of relevant parties.
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 1298353310.
Existing Cases & Contacts
Distressed Directors Advice Line
Our team are often the first port of call for clients facing financial uncertainty and challenges regarding future planning. We aim to deliver workable solutions that preserve business value and protect the interests of relevant parties.
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.
Our multidisciplinary approach means that we can provide a truly complete service to stakeholders through collaborative working and create a roadmap that’s ambitious, and achievable. We are trusted by individuals, businesses and organisations across the UK to solve highly complex problems and help stakeholders navigate different scenarios to achieve the desired outcome.
Our corporate insolvency services delivered by licensed insolvency practitioners can help replenish the financial health of businesses, while our restructuring support can accelerate profitability through corporate simplification, debt restructuring and business turnaround.
The BTG Advisory team are geared to support high-calibre businesses with capital management, forensic accounting, transaction planning, pensions advisory and corporate finance. Finance and funding are the lifeblood of a business, as they provide additional working and growth capital to solidify a business.
At Begbies Traynor Group, our dedicated team of business transfer agents can facilitate the sale and disposal of businesses across the UK. We also provide machinery and business asset sales services through our property agency arm.
Our real estate advisory services are headed up by chartered surveyors, valuers, and real estate agents for private and corporate clients, such as commercial property owners, occupiers, and financial institutions. This includes property agency and auction services, property management, property insurance, property valuations and property advisory.
Get in contact with your local office in Buxton to arrange a free consultation, by appointment. Our Buxton office is part of our wider network of offices across the East Midlands, we also have neighbouring offices in Chesterfield, Nottingham, Derby and Loughborough.
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