UK’s number one for business
rescue and recovery
Restructuring Experts
Business Turnaround Advice
- 100% Confidential
Whether you are looking to refinance or restructure your company, we are here to help.
Our nationwide team of licensed insolvency practitioners will take the time to understand your situation and explain the options open to you and your company. Our initial advice is free and strictly confidential.
Officially UK’s Largest
Insolvency Practitioner
Company Administration
Company administration can be used to help rescue the viable elements of a struggling business allowing trade to continue and employees to be safeguarded.
Business Turnaround
Strategies to save a struggling company, improve performance, and return to profitability, led by management experts.
Independent and Confidential
Business Review
Our advisers can assist with:
Restructuring and refinancing
Company administration
Pre-pack administration
Corporate simplification
Creditor negotiations
Funding options
Contingency planning
Ongoing shareholder support
Restructuring support for directors and shareholders.
Expert advice when you need it the most.
100+ Offices
Across the UK
With nationwide coverage, you’re never far from expert company turnaround help and advice.
35+ Years
Unrivalled Experience
Advice you can trust from seasoned restructuring experts and licensed insolvency practitioners.
25,000 Directors Helped
Tried and Trusted
Our team are committed to offering tailored advice and support. Helping directors is what we do.
Don’t Just Take Our Word For It
Trusted by directors across the UK
Frequently Asked Questions
Company restructuring is not a one sizes fits all process; what may be right for one company will be wholly inappropriate for another. Each company will need to be assessed on its own merits to determine the best ongoing strategy.
This may involve a sale of the company or its assets, entering into formal negotiations with creditors to restructure existing outgoings, or a simplification of the company’s operations to increase efficiency and boost profitability..
Company administration can be used to protect a distressed, yet ultimately viable, company from creditors and threats of legal action while a route forward is determined. An insolvency practitioner will be appointed to handle the entire process from start to finish.
While it may not be possible to save the entire company, viable elements of the business will look to be rescued to allow trade to continue. This may involve a sale of company assets to a connected or unconnected party, or a restructuring of the company’s operations or finances to facilitate a return to profitability.
A pre-pack administration involves the sale of company assets to a third party. This is often a company owned by the shareholders of the insolvent business. With a pre-pack process, the sale is negotiated prior to the insolvency practitioner being appointed.
The sale occurs immediately upon the appointment of the insolvency practitioner. Pre-pack administration allows for continuation of trade while also safeguarding employees who will be transferred to the purchasing company.
A Company Voluntary Arrangement (CVA) is a legally-binding repayment plan entered into by an insolvent company and its creditors. At least 75% (by value) of creditors must vote in favour of the CVA before it can be implemented.
An insolvency practitioner will work alongside the indebted company to draw up a CVA proposal which will be presented to affected creditors. Once approved, it becomes legally-binding on all parties.
With over 90 licensed insolvency practitioners and business turnaround experts, Begbies Traynor are perfectly placed to help you explore your options for restructuring your business and getting it back on a solid financial footing.
Working together, we will take the time to understand your current situation and get to the root of the problems your company is currently facing. Whether it is decided that seeking a new channel of funding, entering into formal negotiations with creditors, or placing the company into administration is the best route forward, our partner-led restructuring team will be with you every step of the way.
Looking For More Information?
Our dedicated team of Business Turnaround Experts is ready to
confidentially support you and your business to achieve your goals.
