A Guide to Business Rescue for Accountants

Essential advice for dealing with insolvent clients

Introducing Begbies Traynor
How to spot signs of client distress
Managing director concerns
Advice on HMRC arrears and overdrawn directors’ loans
Dealing with insolvent clients
A look at potential rescue options
Closure options when a company cannot continue
How to close a solvent company
The importance of licensed insolvency advice
How Begbies Traynor can work with accountants

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Over half a million UK businesses fighting for survival as UK economy stagnates

The latest Begbies Traynor “Red Flag Alert” research, which has provided a snapshot of British corporate health for over 15 years, highlights the speed at which financial distress has accelerated over the last 12 months, with 554,554 UK businesses now in ‘significant’ financial distress – a 30.8% rise compared to Q1 2023. This deterioration now affects all 22 sectors covered by this latest research.

Haulage company in financial difficulty

The business was a group of haulage companies with an annual turnover of approximately £20 million and with approximately 150 employees. The core business was time critical delivery of weekly and monthly periodicals.

2023 – The covid financing hangover

This webinar has been planned and delivered in conjunction with one or more of our valued third-party partners. All such webinars are subject to our quality control procedures to ensure relevant learning objectives are set and met, alongside any product demonstration. A member of the 20:20 Innovation team will be joining the presentation, ensuring a lively and relevant dialogue.

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UK utility companies in hot water

The UK water industry operates in a complex operational and financial environment which has pushed the sector’s largest company, Thames Water, to the brink of insolvency and raised the prospect of a temporary government privatisation.