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The Latest Breaking News from Begbies Traynor

Paperchase Belfast stores at risk after company falls into administration

The company has 106 stores across the UK and Ireland, putting 820 jobs at risk

Belfast Live

Tesco buys Paperchase brand after retailer falls into administration - but more than 100 stores still at risk

The retailer was previously placed on the market by retail owner Steve Curtis

Manchester Evening News

Paperchase falls into administration with 106 shops at risk

It comes after Paperchase failed to secure a buyer after being placed on the market by retail veteran owner Steve Curtis

Evening Standard

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Hopes remain that Burleighs Gin will still be bought out of administration as scale of debts revealed

Newly released documents show Burleighs was £1.58m in the red when it went under at the start of December

Birmingham Post

'Wealthy' Glasgow businessman bankrupt after failing to repay £400,00 loan from nephew

Paisley Sheriff Court heard that retired Hugh King failed to repay the cash three years after Billy King Jr loaned it to him on the understanding it would be returned months later.

Glasgow Live

Scots businessman made bankrupt by own nephew over £400,000 debt

Businessman Hugh King has been declared bankrupt after failing to replay a huge loan to his nephew Billy King Jr.

Daily Record

The thousands of Welsh firms in financial distress

Insolvency firm Begbies Traynor has released its latest quarterly Red Flag Alert report

Birmingham Post

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Nottinghamshire carpet company with 5 shops 'taking steps' towards liquidation

The company, which has shops in Gedling, Mapperley, Arnold, Wollaton and West Bridgford, has entered the process of voluntary liquidation.

Nottingham Post

Steep rise in number of North East companies facing 'critical financial distress'

Research from restructuring and turnaround specialist Begbies Traynor indicates the end of 2022 saw more firms fall in to the category

Birmingham Post

Rising levels of distress detected among Scottish businesses

Latest data shows a 161% year-on-year increase in the number of businesses experiencing ‘critical’ distress

Insider UK

'Calm before the storm' warning as businesses told to brace for crippling impact of inflation

Energy bill support tapering off is a further red flag trigger for an embattled SME community according to recovery specialist

Birmingham Post

Paperchase future uncertain as brand potentially seeks new buyer

The stationery brand is in trouble less then six months after its last buyout

Nottingham Post

Paperchase faces uncertain future as owners consider sale

Struggling stationery retailer may go in administration less than six months after previous buyout

The Guardian - UK

Gilson Gray eyes growth with new Dundee office

Law firm is looking to expand further in the region via acquisition

Insider UK

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Birmingham Post

New Barratt chairwoman plus jobs news at 200 Degrees, Furnley House, PKF Smith Cooper, BDO, DSA and more

Latest movers and shakers from the East Midlands include Caroline Silver joining UK’s biggest housebuilder

Glasgow Live

Investigators seize £1million Glasgow house linked to bankrupt businessman with '£120million debt'

Insolvency experts have sold the house on the outskirts of the city in a bid to recover some of the money owed by Gregory King after the collapse of his hedge fund.

Daily Record

Investigators seize £1m property linked to Scotland's biggest bankrupt businessman

The luxury home in Glasgow is part of assets linked to Gregory King which are being targeted to pay off some of his £120m debt.

Daily Record

Nine SPFL clubs in financial 'distress' over Covid payment cutoff as financial study highlights pain

The number of Scottish clubs on red alert for financial problems has soared throughout the calendar year.

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Birmingham Post

Prospective home owners owed £4.4m face extension to five-year wait after company's administration

Construction at the Salford Quays site was initially expected to be completed in 2018

Birmingham Post

Somerset horse feed company sold out of administration, saving jobs

The business fell into difficulty following the rise in price of raw materials and a shortage of supplies caused by the war in Ukraine

Birmingham Post

Profits almost double at insolvency specialist Begbies Traynor as bankruptcies rise

Begbies Traynor has offices across the country

Birmingham Post

Administrators called in at Burleighs Gin

Burleighs stopped sales from its website a month ago and now Begbies Traynor have been called in

Birmingham Post

Historic Salisbury garage and car showroom forced to close

Rex Garage had been struggling with ongoing difficulties caused by the pandemic and the cost-of-living crisis

Daily Mirror

Stricken Worcester Warriors face huge £30m debts as full extent of club’s troubles shown

Worcester Warriors were put into administration in September after being suspended by the RFU from all competitions, and were later relegated from the Premiership

Birmingham Post

Construction firm Jehu goes into administration

The administration process is being overseen by Begbies Traynor

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