Press Releases

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Over half a million UK businesses fighting for survival as UK economy stagnates

The latest Begbies Traynor “Red Flag Alert” research, which has provided a snapshot of British corporate health for over 15 years, highlights the speed at which financial distress has accelerated over the last 12 months, with 554,554 UK businesses now in ‘significant’ financial distress – a 30.8% rise compared to Q1 2023. This deterioration now affects all 22 sectors covered by this latest research.

Nearly 500 Frontline Blue Light Medical Jobs Saved

Begbies Traynor advises on the administration of Elite Emergency Medical Services LTD and the successful pre-pack sale

Bristol printing company sold out of administration, saving 40 jobs

Folio Print Finishing Limited has been sold out of administration to ATB Folio Print & Packaging Solutions Limited, safeguarding the jobs of all 40 employees.

Torquay United AFC Limited - Appointment of Administrators

Scott Kippax, Neil Vinnicombe and Simon Haskew of Begbies Traynor have been appointed as joint administrators of Torquay United AFC Limited. They are legally advised by Robin Koolhoven of Stephens Scown LLP.

Options Skills FAQ's

As you may be aware, Options Skills Ltd was placed into Creditors’ Voluntary Liquidation on 9 April 2024. Craig Povey and Mark Malone of Begbies Traynor (Central) LLP were appointed as Joint Liquidators on the same date. The Company ceased to trade prior to this date on 17 March 2024.

Options Skills

Begbies Traynor is liaising with the director of Options Skills Limited to review its position. We are unable to provide any further details at this stage, but will provide updates as soon as we have further information that we can share. Any enquiries regarding Options Skills should be sent to optionsskills@btguk.com.

Future of 50 jobs secured as furniture firm sold out of administration

A Somerset-based firm which makes high quality furniture to individual specification has been sold out of administration, safeguarding the jobs of 50 employees.

AAD Transport update

Joint statement by Thomas McKay and Ken Pattullo, Partners at Begbies Traynor

53 Jobs saved as South Wales based Terry Howell Timber and Builders Merchants sold out of administration

The majority of the business and assets of T.G. Howell & Sons Limited, trading as Terry Howell Timber & Builders’ Merchants, has been sold out of administration to Robert Price (Builders’ Merchants) Limited, securing the jobs of all 53 employees.

Somerset print business inks administration sale deal

A Somerset printing firm which had experienced challenging trading conditions following the pandemic has been sold out of administration, saving 16 jobs.

Jobs saved in administration of award-winning haulage business

Part of the trade and assets of family-owned haulier and logistics provider, Bridgetime Transport Ltd, have been sold out of administration to Monex Group, securing the future employment of the majority of the workforce.

Kirriemuir-based haulage business placed in administration

On 6th February 2024, Ken Pattullo and Kenny Craig of Begbies Traynor were appointed as joint administrators of Kirriemuir-based haulage company AAD Transport Ltd.

Eyewear chain sold out of administration, saving 80 job

The UK arm of global eyewear and optician chain, Ollie Quinn UK Limited, has been sold out of administration to OQ Eyewear Limited, with all stores remaining open and safeguarding the jobs of 80 employees.

Begbies Traynor appointed as administrators to kitchen and bedroom manufacturer

Huw Powell, Paul Wood and Mark Malone, partners at Begbies Traynor, have been appointed as joint administrators to kitchen and bedroom manufacturer Highlight Green Acres Limited, which traded as Mereway Kitchens.

Jobs saved as Livingston uPVC windows business bought out of administration

Following the appointment of Ken Pattullo and Jamie Taylor of Begbies Traynor as joint administrators of Livingston-headquartered Evoframes on 17h January 2024, a sale of the business and assets has been completed, saving all 76 jobs.