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The Latest Breaking News from Begbies Traynor

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.

Daily Record

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

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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

Birmingham Post

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

Daily Mirror

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Construction firm Jehu goes into administration

The administration process is being overseen by Begbies Traynor

Birmingham Post

One of Wales' oldest construction firms Jehu formally enters administration

The Bridgend-based family-owned firm said that its financial position has been undermined by spiralling construction sector costs

Wales Online

Warning as 17,000 Welsh firms in significant financial distress amid economic turmoil

Begbies Traynor's Red Flag Alert report reveals 17,527 Welsh businesses faced difficulties in Q3 this year

Birmingham Post

One of the oldest construction firms in Wales, Jehu, to enter administration

The businesses within the group have ceased trading with the loss of more than 100 jobs

Birmingham Post

One of Wales' oldest construction firms, Jehu, set to collapse into administration with 104 jobs lost

Jehu has blamed the situation of spiralling construction costs with 104 staff members losing their jobs

Wales Online

North East businesses told to brace for hard times amid bleak economic climate

The warning follows the publication of the latest Red Flag Alert data by advisors Begbies Traynor

Birmingham Post

More Scottish businesses in financial distress as property and logistics firms hit by inflation and economic turmoil

Rate of distress in Scotland rise more quickly than in other parts of UK

Insider UK

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Manchester Evening News

Sudden closure of vegan burger bar founded by influencer Monami Frost leads to administration

The company's leases and assets have been put up for sale

Liverpool Echo

Frost Burgers enters administration after Liverpool closure

The company closed its restaurants recently, blaming the cost of living crisis

Birmingham Post

Vegan burger bar founded by influencer Monami Frost enters administration after shock closure

Begbies Traynor is now looking for someone to buy the leases and the assets

The Independent UK

Worcester relegated from Premiership after partial liquidation

The Warriors will start next season in the Championship, if investors can be secured.

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news in one place.

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Wales Online

Today's rugby news as All Black to miss next season after horror incident and boss still seething after defeat to Dragons

The latest rugby headlines and news bulletins from Wales and the rest of the world

The Guardian - UK

Worcester’s administrators urged to act fast to rescue Premiership season

Two more weeks without pay means Worcester’s players can serve notice while the potential buyer Jim O’Toole said he is ready with four years’ money

Liverpool Echo

Redundancies after Liverpool all you can eat buffet restaurant collapses

The company failed to recover from a large reduction in trade due to the pandemic

Birmingham Post

Jobs lost after Liverpool restaurant enters liquidation

Buffet Club Restaurant was located in Prescot Street

Liverpool Echo

Deal helps save jobs at Liverpool white goods repair firm as it exits administration

The company's sales reached almost £1m during its most recent financial year

Birmingham Post

Jobs saved after £1m white goods repairer JK Domestics acquired out of administration

The company has been bought by a nationwide competitor headquartered in the North East

Birmingham Post

Over 100 jobs saved after division of collapsed roofing contractor sold to former Little Chef investor

Avonside Energy has operations in the West Midlands, East Midlands, Glasgow, Leeds, Newcastle, Warrington and Stevenage

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