Partner-led Advisory and Professional Services Consultancy
Whether your corporate interests are thriving or struggling to survive, you can count on the knowledge of Begbies Traynor Group’s experienced restructuring and refinancing experts, as well as our comprehensive transactional support services.
You can trust our Exeter office to provide the advice, guidance, and support required during times of change – whether positive or negative in nature.
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 01392 311 680.
Existing Cases & Contacts
Distressed Directors Advice Line
Whether your corporate interests are thriving or struggling to survive, you can count on the knowledge of Begbies Traynor Group’s experienced restructuring and refinancing experts, as well as our comprehensive transactional support services.
You can trust our Exeter office to provide the advice, guidance, and support required during times of change – whether positive or negative in nature.
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 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.
Begbies Traynor Group has a strong reputation and a proven track record of working with, and providing valuable services to companies of all sizes - from local SMEs through to international corporations through both good and bad times.
Facing up to, and tackling serious financial trouble and distress is not easy and it presents even the most competent company directors with extreme challenges to overcome.
What matters most when your company is struggling to stay afloat, and facing creditor pressure, is that you understand your options as fully as possible and that’s where we at Begbies Traynor Group can help. Without a working awareness of what choices remain feasible, a bad financial position can easily become far worse and the scope of potential routes forward will diminish.
Alternatively, if you are ready to take the next step with your business our commercial funding experts can help secure the finance you need to help make your dreams a reality. If your plans involve acquiring an existing company, talk to our dedicated corporate finance team who can not only help identify a target company, but will be there to assist at every stage of the transaction from negotiation through to deal completion.
Our real estate advisory services offered through Eddisons deliver an extensive suite of property services to businesses, financial institutions, and property investors, from property management and asset advisory, through to plant and machinery auctions and project management.
We do have further offices in the South-West region which are located in Bath, Bournemouth, Bristol, Cheltenham, Oxford, Salisbury and Swindon which you may find more convenient for you.
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