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If you need help advising clients in financial difficulty, we offer a corporate recovery service in partnership with Begbies Traynor, the UK’s leading insolvency firm. With more than 70 offices across the country, the firm has a long-standing reputation for working with local accounting practices to enhance their services in this sensitive area. Its specialists can broaden the advice you offer, and help you build on your existing client relationships.
Begbies Traynor provides insolvency and advisory services only and doesn’t offer audit or taxation services – so there’s no conflict with your own expertise.
The initial meeting is free, and the team will discuss any distressed situation with you on a confidential basis. They will then provide local, sector-specific advice and support when your clients need it most. This includes…
Business rescue and recovery
If you have clients with overwhelming debt or serious cash-flow problems, Begbies Traynor can work alongside your practice as a supportive partner, providing the specialist advice and guidance your clients need. Business recovery is always the main aim: company directors often have a variety of options, and formal insolvency isn’t the only answer.
Corporate insolvency
If business recovery isn’t a viable option, and an insolvency procedure is unavoidable, the Begbies Traynor team can put forward their expert opinion on the right approach for the situation – whether it’s administration, a company voluntary arrangement, compulsory liquidation, a creditors’ voluntary liquidation, or (for solvent companies) a members’ voluntary liquidation.
Personal insolvency
If your client is facing personal financial difficulties, Begbies Traynor can provide practical support and guidance to help them stabilise their situation. The sooner our partners get involved, the more options your client will have to secure a workable financial solution.
Simply call the firm’s advice line, on 0800 012 6257. Or you can email 2020group@btguk.com.
There’s no charge for initial meetings, and they’ll do their best to help you and your clients as soon as you need them.