Business Health Statistics
Red Flag Alert Report - Q3 - Uncertain outlook for the UK economy pushes a record number of businesses into significant financial distress
Uncertain outlook for the UK economy pushes a record number of businesses into significant financial distress.
Over half a million UK businesses fighting for survival as UK economy stagnates
The latest Begbies Traynor “Red Flag Alert” research, which has provided a snapshot of British corporate health for over 15 years, highlights the speed at which financial distress has accelerated over the last 12 months, with 554,554 UK businesses now in ‘significant’ financial distress – a 30.8% rise compared to Q1 2023. This deterioration now affects all 22 sectors covered by this latest research.
Number of firms on Merseyside in ‘significant’ financial distress now surges past 5,000
Fresh data released today by Begbies Traynor reveals the number of firms on Merseyside starting 2024 on the brink has now surged past 5,000.
Number of Lancashire firms in ‘significant’ financial distress now surges past 10,000
Fresh data released today by Begbies Traynor reveals the number of Lancashire firms who have started 2024 on the brink has now surged past 10,000.
Number of North West firms in ‘significant’ financial distress now surges past 50,000
Fresh data released today by Begbies Traynor reveals the number of North West firms who have started 2024 on the brink has now surged past 50,000.
4500 UK retailers face an uncertain New Year as the cost-of-living crisis bites before Christmas
With Christmas just around the corner, new data from leading insolvency firm, Begbies Traynor, covering the first 10 weeks of Q4 2023 (1 October to 14 December), has revealed the full impact of the current economic environment on the retail sector in the UK.
25% Rise in Critical Financial Distress Pushes Almost 40,000 UK Companies Towards Insolvency
The latest Begbies Traynor “Red Flag Alert” report, which has provided a snapshot of British corporate health for the past 15 years, paints a worrying picture for UK businesses as nearly 40,000 companies are revealed to be in a critical financial situation as the pressure of higher interest rates, resilient inflation and weaker consumer confidence take their toll. These pressures are now clearly being seen beyond consumer facing sectors and are becoming widespread, particularly within the construction and property sectors.
Number of North West firms in ‘significant’ financial distress teeters on 50,000
New data released today by Begbies Traynor reveals the number of North West firms operating on the brink is now close to 50,000 as business challenges mount up for SME’s.
Number of Lancashire firms in ‘significant’ financial distress tops 9,000.
New data released today by Begbies Traynor in Preston reveals the number of Lancashire-based firms operating on the brink has risen to more than 9,000 as business challenges mount up for SME’s.
Number of Merseyside firms in ‘significant’ financial distress teeters on 5,000
New data released today by Begbies Traynor in Liverpool reveals the number of Merseyside firms operating on the brink is now close to 5,000 as business challenges mount up for SME’s.
45,579 firms in the North West in ‘significant’ financial distress
New data released today by Begbies Traynor reveals increasing numbers of North West firms face significant financial distress as inflation and interest rates bite.
Red Flag Alert Report - Q2 - Rising debt and inflation drives a surge in companies entering financial distress
Rising debt and inflation drives a surge in companies entering financial distress
Distress rates ring alarm for firms in the Liverpool City Region
New data published today by Begbies Traynor (25th January 2023) indicates businesses in the Liverpool City Region are still battling the legacy impact of Covid debt and are deeply troubled by inflation.
Distress rates ring alarm for North-West firms
New data published today by Begbies Traynor (25th January 2023) indicates businesses are still battling the legacy impact of Covid debt and are deeply troubled by inflation.
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