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Durham aviation business takes off with £750,000 investment

One of the region’s fastest growing new businesses has been cleared for take-off after securing a development capital investment package of over £750,000.

UK recovery accelerates with 39% decrease in 'Critical' distress

According to the latest Begbies Traynor Red Flag Alert research for Q2 2013, which monitors the financial health of “Corporate UK”, levels of ‘Critical’ financial distress among UK businesses have fallen 39% compared to Q2 2012; the second highest year on year decrease since the beginning of 2011.

Sale of law firm completed

Following the appointment of Leeds-based David Wilson and Ian Walker of Begbies Traynor to South Devon legal practice Recompense Limited last month.

Assets of Coggles sold to online retailer

Assets of Coggles sold to online retailer. Begbies Traynor is the UK's market leader in business recovery. With over 100 UK offices and over 1000 staff we are well positioned to assist you.

Ayr shopping centres in administration

The Kyle Shopping Centre in Ayr and the nearby Arran Mall, both of which are owned by Glasgow-based Cairnduff Developments Ayr Limited, were placed in the hands of joint administrators Paul Dounis and Ken Pattullo of Begbies Traynor on 7 June 2013.

Contractor on Lewis’ Building to go into liquidation

The building contractor delivering the final phase of regeneration at the Lewis’ Building in Liverpool is set to go into liquidation with the loss of 10 jobs.

Sheffield Crossroads charity bequeaths funds to four local charities

Four local charities are set to receive a welcome boost following the liquidation of Sheffield Crossroads Ltd whose remaining funds will be re-distributed.

Buyer sought for online fashion retailer

Well known premium fashion retailer Coggles Limited based in York has been placed in the hands of joint administrators Andy Clay and David Acland of Begbies Traynor.

Begbies Traynor Red Flag Alert indicates UK will narrowly avoid a triple dip recession

Ahead of the release of the latest GDP figures this week, the most recent Begbies Traynor Red Flag Alert research for Q1 2013, which monitors the financial health of “Corporate UK”, shows that the recovery of UK plc continues, with a 34% decline in ‘Critical’ financial distress among UK businesses compared to Q1 2012.

One in 10 English football clubs ‘facing financial distress’

The Begbies Traynor Red Flag Alert Football Distress Survey, which twice a year analyses the corporate health of football clubs in England, has shown that the number of clubs facing financial difficulties has more than tripled since the last survey in October 2012.

Administrators appointed at metalworking and construction group

Glasgow-based construction specialist William Crawford & Sons and J&T Blacksmiths Ltd have been placed in the hands of administrators.

JD Sports acquires Cloggs out of administration

JD Sports has bought the business and assets of Birmingham-based online retailer, Cloggs (UK) Limited, out of administration for an undisclosed sum.

Green shoots of recovery in spite of GDP Gloom

Signs of recovery among Corporate UK bring talk of triple-dip into question Improving fortunes of many industries a stark contrast to financial stress in consumer facing sectors

Paisley Hotel in Administration

An historic 49 bedroomed hotel in the heart of Paisley has been forced into administration under the burden of unsustainable debts.

Administrators called in as long-standing contractors cease trading

Business recovery and restructuring specialists Begbies Traynor have been called in as administrators to one of the Southampton’s longest-established building contractors.