Partner-led Advisory and Professional Services Consultancy
At Begbies Traynor Group, we support businesses and professional partners, such as financial institutions, lenders and legal professionals across Aberdeen. We are uniquely positioned as we take a partner-led approach to deliver robust and highly efficient solutions to achieve a desired outcome, such as financial stability or company growth.
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 01224 421 419 .
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Distressed Directors Advice Line
At Begbies Traynor Group, we support businesses and professional partners, such as financial institutions, lenders and legal professionals across Aberdeen. We are uniquely positioned as we take a partner-led approach to deliver robust and highly efficient solutions to achieve a desired outcome, such as financial stability or company growth.
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.
The Begbies Traynor Group team of professional advisers are equipped to aid businesses of any size, from SMEs to mid-sized enterprises and global institutions. Our multidisciplinary practice caters to most scenarios encountered by a business, from company closure, restructuring, finance, funding, business sales and all aspects of real estate advisory.
Our extensive service offering enables our expert team to devise and deliver in-house, collaborative solutions. We handle every area of business rescue, restructuring, and company growth to protect the financial health of our corporate clients and promote profitability across the board. We are trusted and valued for our industry expertise by professional partners across a range of sectors, including finance and legal.
Our licensed insolvency practitioners in Aberdeen provide trusted corporate insolvency services to company directors, such as company administration and company liquidation options. Our personal insolvency team in Scotland also provide a range of debt solutions to individuals in personal debt.
Our company restructuring experts strategically streamline company operations to increase efficiency and optimise outgoings to increase stakeholder value. Our financial advisory services are highly regarded by stakeholders across the UK and our finance and funding specialists are uniquely positioned to offer a range of commercial options through a renowned panel of diverse lenders.
As award-winning asset valuers and auctioneers, our business asset sale services are industry-recognised, alongside our business acquisition, disposal and valuation services. Our real estate advisory arm is championed by expert chartered surveyors, valuers, and real estate agents specialising in commercial real estate management, valuation, and transactional support.
For a free confidential consultation with a professional adviser in Aberdeen, get in touch with Begbies Traynor Group in Scotland. We also have additional offices across Scotland in Dundee, Edinburgh, Glasgow and Inverness.
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