Commentary

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Comment from Julie Palmer, Partner, on latest GDP figures

Julie Palmer of business recovery and restructuring specialist, Begbies Traynor commented on today’s GDP figures

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Director’s loan accounts and dividends – not always the best option

While many accountants advocate using director’s loan accounts and dividends as a tax efficient way of paying remuneration, this may not always be advantage

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UK PLC struggling with £57.5bn liabilities as government prepares to announce Spending Review

Over 123,000 UK companies are struggling under the weight of nearly £58 billion worth of liabilities, according to the latest quarterly Red Flag Alert, issued today by Begbies Traynor, the UK’s leading business recovery specialist.

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The Rise of International Arbitration

The impact of the global economy and the continuing trend of increasing volume, size and complexity of cross-border transactions have served to fuel the demand for international arbitrations as a means to resolving trans-national disputes.

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14 Jobs saved in Pre-Pack sale of Advatek Limited

A Wrexham-based IT services company has been sold out of administration, safeguarding 14 jobs. Advatek (UK) Limited’s business operations have been acquired by CAE Technology Services Limited in a pre-packaged sale overseen by administrators Craig Povey and Gareth Prince of Begbies Traynor.

Haulage company in financial difficulty

The business was a group of haulage companies with an annual turnover of approximately £20 million and with approximately 150 employees. The core business was time critical delivery of weekly and monthly periodicals.

2023 – The covid financing hangover

This webinar has been planned and delivered in conjunction with one or more of our valued third-party partners. All such webinars are subject to our quality control procedures to ensure relevant learning objectives are set and met, alongside any product demonstration. A member of the 20:20 Innovation team will be joining the presentation, ensuring a lively and relevant dialogue.

What happens when a company goes into liquidation?

Liquidation is a process that closes a company down and removes it from Companies House; here we explain the processes for solvent and insolvent liquidation