Begbies Traynor
| Use attributes for filter ! | |
| Stock price | BEG |
|---|---|
| Disclaimer | |
| Headquarters | United Kingdom |
| Founded | 1989 |
| Number of locations | 50 offices |
| Subsidiaries | Taylors BusineS Surveyors & Valuers Ltd |
| Date of Reg. | |
| Date of Upd. | |
| ID | 1297744 |
About Begbies Traynor
Begbies Traynor is a firm specialising in corporate restructuring. They were formed in 1989, expanded through mergers and organic growth and were floated in 2004. The company employs over 500 people and has 45 offices around the United Kingdom.
Sharp rise in UK firms at risk of going bust, insolvency data shows
... The number of firms in " critical financial distress" jumped by 25% in the last three months, according to insolvency experts Begbies Traynor...
Paperchase: Stationery chain falls into administration
... Begbies Traynor, who have been appointed as joint administrators, said in a statement: " Unfortunately, despite a comprehensive sales process, no viable offers were received for the company, or its business and assets...
Hunt to set out plan for growth as criticism mounts
... The next day, insolvency firm Begbies Traynor said the number of firms on the brink of going bust jumped by more than a third at the end of last year...
Warning that thousands of firms face collapse
... The number of firms on the brink of going bust jumped by more than a third at the end of last year, said insolvency firm Begbies Traynor...
Paperchase hunts for buyer but prepares for insolvency
... The firm said it has a number of buyers interested in the business but was also taking to the insolvency experts Begbies Traynor about options for its future...
Missguided shoppers will not get refunds for returns
... How to get your money back when a company goes bustSource: Many individual customers will end up as " victims of the company s collapse" warned Julie Palmer, partner at insolvency firm at Begbies Traynor...
Boohoo hit as shoppers return more clothes than before Covid
... Julie Palmer, a partner at corporate restructuring firm Begbies Traynor, said that given rising costs, people may hold back on clothes shopping...
Number of firms in critical financial distress rises sharply
... Construction and hospitality are the sectors struggling most, according to insolvency firm Begbies Traynor...
Paperchase hunts for buyer but prepares for insolvency
High Street stationery chain Paperchase has lined up administrators and put itself up For Sale .
The Firm said it has A Number of buyers interested in The Business but was also taking to the insolvency experts Begbies Traynor about options for its future.
Paperchase was only recently sold to a consortium led by retail investor Steve Curtis.
Another investor group had bought it out of administration in January 2021.
The Chain , which is 50 Years old, has 106 stores in the UK and Ireland and 820 staff.
Paperchase confirmed that it had hired Begbies Traynor and consultants PwC to advise it after.
Begbies is being lined up in case The Firm goes bust, and PwC is handling the sale of The Business , a source told The Bbc .
" Talks are continuing with A Number of interested parties, " The Firm said in a statement.
" All Paperchase stores and the website will continue to trade as normal during this period. "
Paperchase has had a challenging couple of years. In 2021 it was bought out of administration in a deal which rescued 90 of its then-127 stores, with 500 of its 1,500 employees losing their jobs.
At The Time , The Firm said its trade had slumped due to the coronavirus lockdown in November 2020.
The Firm said it made some 40% of its sales in The Final two months of the year.
Last August it was taken over by Steve Curtis, a retail investor and chairman of investment vehicle Quilam Capital.
Mr Curtis is also chairman of clothing shop Jigsaw, which.
Source of news: bbc.com
