Official corporate insolvency figures, provided by the Insolvency Service, show that Begbies Traynor Group – of which Real Business Rescue is a major part of – has retained its position as the UK's leading business recovery firm based on the amount of insolvency appointments the company has handled.
No other corporate insolvency firm has handled as many appointments as Begbies Traynor in 2015, with the group taking on more than 1,300 new cases, including 727 liquidations and 112 company administrations; the most common types of formal insolvency procedure within the UK.
Real Business Rescue, the director-facing website owned by Begbies Traynor Group, has played a pivotal role in driving these figures.
The research was undertaken using data provided by Dun & Bradstreet (comprising data sourced from Companies House, the London Gazette, the Edinburgh Gazette and the Belfast Gazette) as well as information from “Accountant in Bankruptcy” (official recorder of all corporate insolvency appointments in Scotland).
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12th January 2017 A list of the 10 most curious and least persuasive excuses given by employers for failing to pay their staff the National Minimum Wage has been published by HM Revenue & Customs (HMRC).
6th January 2017 Colson Castors and Colson International has been entered into administration after being unable to maintain a viable financial position in recent weeks.
4th January 2017 The travel and package getaways company All Leisure Holidays has stopped trading and called in administrators after succumbing to financial crisis.
20th December 2016 The number of British businesses surviving by only paying off the interest amounts on their outstanding debts rose sharply in recent quarters.
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