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: Stationery chain falls into administration
High Street stationery chain Paperchase has fallen into administration after failing to strike a rescue deal for The Business .
It said its shops would continue running in the " short term" with all stores remaining open and trading as normal.
The Chain , which is 50 Years old, has 106 stores in the UK and Ireland and 820 staff.
It is The Second time since 2021 The Firm has fallen into administration.
Several weeks ago, Paperchase said it had put itself up For Sale and that A Number of buyers were interested in The Business .
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.
" However, there has been significant interest in the Paperchase brand and attendant intellectual property. "
Earlier on Tuesday, but not its shops. The grocer declined to comment.
Begbies Traynor said the stationery chain would continue to honour gift cards for The Next Two Weeks , after which redemption will not be possible.
It added that it would continue to " monitor trading" in Paperchase's stores and provide further updates on The Business 's future in due course.
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.
Source of news: bbc.com
