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The Latest Breaking News from Begbies Traynor

Collapse of construction firm revealed with creditors owed more than £3.6m

The business was established in 2017 as a sister company to Crossfield Construction

Liverpool Echo

EXCLUSIVE: Construction firm enters liquidation owing millions weeks after sister company also collapsed

Crossfield Living ceased to trade after it 'faced significant financial pressure'

Birmingham Post

American investors may take advantage of EFL clubs including Bristol City as owners look to sell

Robins owner Steve Lansdown has openly admitted he is looking for outside investors joining a host of other Championship sides effectively up for sale

Bristol Post

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Football takeovers a potential ‘lifeline’ as players’ wages squeeze sport’s finances

Traditional London clubs more dependent on matchday revenue face Tube strike disruption

Evening Standard

Begbies Traynor hails full-year results as revenue passes £100m

The company snapped up three businesses during its latest financial year

Birmingham Post

More than 1,700 Stoke-on-Trent businesses in 'significant' financial distress

The Begbies Traynor Red Flag Alert data monitors the health of British companies

Birmingham Post

Thousands of Bristol companies in 'significant financial distress'

But the number of firms in difficulty has dropped since 2021, latest research from Begbies Traynor finds

Birmingham Post

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Over 16,000 Welsh firms in significant financial distress under rising inflation

Nearly a third of these businesses were in Cardiff and Swansea

Birmingham Post

Hundreds of UK firms at risk of collapse as Covid loan repayments kick in

In the first three months of this year there was a 19% rise in businesses in critical financial distress compared to the start of 2021 as a perfect storm of national insurance and energy price increases kicked in with loan repayments

Daily Mirror

North East sees highest growth in distressed companies thanks to curtailed Covid support and spiralling costs

The region could be about to see a wave of insolvencies as the number of firms in critical distress rose by 107%

Birmingham Post

Sharp increase in distressed companies thanks to curtailed Covid support and spiralling costs

Researchers at Begbies Traynor say indicators point to a 'wave of insolvencies coming'

Birmingham Post

Hundreds of North West firms in 'critical distress' because of inflation, end of pandemic support schemes and mounting debt

Begbies Traynor's Red Flag Alert data has analysed the health of companies across the region for the last 15 years

Birmingham Post

Red flags drop in latest business distress check but Ukraine impact could hoist further heartache

Begbies Traynor research suggests calm quarter one but warns of 'devastating impact of the war in Ukraine and soaring energy prices'

Birmingham Post

Giant former aluminium works at Holyhead and recycling equipment from Orthios up for sale after collapse

Begbies Traynor were appointed as administrator to Orthios by the main investor last month

Birmingham Post

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Daily Record

Renfrew coach company goes to the wall and 25 staff are made redundant

Gibson Direct Limited says the failure is due to the effects of the covid pandemic

Glasgow Live

Renfrewshire bus service providing school coaches goes into liquidation

Gibson Direct Ltd provided school coaches to councils as well as holding a number of contracts to provide coach hire to football supporters’ clubs and offering wedding coach hire.

Birmingham Post

Administrator appointed after Orthios collapse releases statement on Anglesey firm

Orthios went into administration this week with staff told they were losing their jobs

Birmingham Post

Anglesey recycling company praised by Boris Johnson just weeks ago has gone into administration

Orthios had created 100 jobs at the former Anglesey Aluminium site in Holyhead but administrators have now been sent in

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Birmingham Post

Movers and shakers: A round-up of the latest appointments from across North Staffordshire

An office equipment supplier, an insolvency practice and an international technology company feature in the latest round-up

Birmingham Post

Humber business 'red flags' well below the rest of the nation as economy rides out Covid challenge

Financial distress indicators at a lower level than UK average according to eport author Begbies Traynor

Birmingham Post

Thousands of South West companies in 'significant' financial distress

Covid and spiralling inflation have created a “perfect economic storm” for many companies, the Begbies Traynor report found

The Independent UK

Creditors head to court as businesses struggle with debts, report shows

Begbies Traynor said companies are bracing for the ‘full force of debts to hit’.

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