Begbies Traynor

Scottish businesses are bearing the weight of both the prolonged effects of the pandemic and the mounting financial challenges stemming from escalating interest rates, which have intensified debt costs. Business rescue and recovery specialist Begbies Traynor unveiled that there was a year-on-year su

Financial intermediary MAF Finance Group (MAF), which works across the UK, has established a base in Edinburgh to strengthen its presence in Scotland. The business has also appointed experienced lending specialists Nick Elder and Deborah Louden to head up its Scottish operation.

Restructuring firm Begbies Traynor has reported an 11% rise in revenue, from £110 million to £121.8m, and a 16% increase in adjusted profit before tax, from £17.8m to £20.7m, for the financial year ending 30 April 2023. This success was attributed to the firm's expanded focus

Ken Pattullo and Kenny Craig of Begbies Traynor have taken the helm as joint provisional liquidators of Dundee-based property development firm, Alicydon Limited, after it fell into provisional liquidation on 20 June 2023. The company, which specialised in property redevelopment, had successfully sec

Ken Pattullo and Kenny Craig, partners at Begbies Traynor, were appointed as joint liquidators of the Highlander Hotel Ltd which traded as the Lomond Hills Hotel in Fife, on 6 March 2023. Located at the foot of the Lomond Hills in Freuchie, Cupar, the eighteenth century converted coaching inn dates

Levels of businesses in Scotland that are already experiencing ‘critical’ or advanced distress have seen a massive increase in the final quarter of 2022 compared with the same period the previous year, according to new research from business rescue and recovery specialist Begbies Traynor

Business rescue and recovery specialist Begbies Traynor has moved from its base in West Nile Street, Glasgow, to newly renovated offices in the city centre in Bothwell Street. The firm has signed a lease for a 4,094sq ft office suite at a prominent former bank branch which has been refurbished to pr

The October 2022 Football Distress Survey, which has been conducted for over a decade by business recovery specialist Begbies Traynor, indicates that there has been a 50% rise in Scottish clubs showing signs of distress compared with March 2022. A total of nine clubs in Scotland (12.5%) are showing

Paul Williamson of Selling My Business, a Begbies Traynor affiliate company, runs through all that’s required when preparing a business sale in the run-up to retirement, appointing an advisor, valuing a business and timing the sale of the business. Business owners approaching retirement will n

Begbies Traynor have warned businesses across Scotland to prepare for further tough times ahead as new research by the firm shows that, in the latest quarter, advanced financial distress among businesses in the country has already started to soar compared with other parts of the UK. The latest

Dundee-based printing business Tayprint Ltd has been placed into liquidation. Ken Pattullo and Kenny Craig of Begbies Traynor have been appointed as joint provisional liquidators.

Jon Munnery, an insolvency expert at UK Liquidators, which is managed by Begbies Traynor, explains how the transition to working from home had a domino effect on shopper footfall and what high streets must do to aid recovery. High streets are losing money due to a drop in footfall as a result of the

With the prospect of another recession looming in the face of the worsening cost of living crisis, Begbies Traynor’s latest data has revealed that Scottish businesses are already suffering with the country seeing a starker increase in advanced distress than the rest of the UK in the second qua

Ken Pattullo and Kenny Craig of Begbies Traynor have been appointed joint liquidators of Broomhall Castle Management Ltd. Mr Pattullo and Mr Craig were appointed on 2 August.

Ken Pattullo and Kenny Craig of Begbies Traynor have been appointed as joint liquidators of homecare business Assist Homecare Scotland Ltd. Mr Patullo and Mr Craig were appointed on July 29.