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
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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.
Aberdeen-based firm Bespoke Decorators has collapsed - 15 jobs have been lost as a result. Begbies Traynor has been appointed liquidator. The firm had to cease trading due to cashflow issues from a build-up of bad debts and delayed payment from customers. It has been reported that the firm closed ow
Begbies Traynor have been appointed liquidators of a Broughty Ferry cafe after it was forced to cease trading last month. The cafe, Jessie's Kitchen, surprised customers after it announced on it's Facebook page that it had suddenly decided to close down. The business had accumulated "significant" de
The March 2022 Football Distress Survey, conducted by business recovery specialist Begbies Traynor, has highlighted that Scottish clubs are keeping a better handle on their finances and more realistic player payroll than their counterparts in the English Football League.
While businesses in Scotland and across the UK saw signs of early financial distress plateauing in the first quarter of 2022, Ken Pattullo, who leads independent business rescue and recovery specialist Begbies Traynor in Scotland, is warning businesses to batten down the hatches in the face of globa
Ken Pattullo and Kenny Craig of Begbies Traynor have been appointed joint administrators of Renfrew-based bus company Gibson Direct Ltd. Established in 1996, it had a fleet of 50 vehicles and operated in Glasgow and across Scotland.The bus company provided transport for football fans and held a numb
After some signs of economic recovery earlier last year, businesses in Scotland, along with the rest of the UK, saw a dramatic uplift in instances of advanced financial distress in the final quarter of 2021 as the emergence of the new Omicron variant hampered growth for businesses already impacted b
The latest Football Distress Survey, which has been conducted by Begbies Traynor since 2012, reveals that there has been no increase in the number of Scottish Clubs displaying signs of financial distress since the pandemic started. The findings are in contrast to a continuing credit crisis among Eng
Businesses in Scotland have seen a marked increase in levels of businesses experiencing advanced financial distress in the third quarter of 2021 compared to the previous quarter as the pressures of the pandemic took their toll following two years of restrictions and lockdowns. The latest Red Flag Al
Like the rest of the UK, Scotland is continuing to see a marked rise in early signs of insolvency year on year according to the latest Red Flag Alert data published today by business rescue and recovery specialist Begbies Traynor. However, it is feared that the scale of business distress is largely