Insolvency firm Begbies Traynor opens Swindon office as economic recovery throws up new challenges

July 3, 2014
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National business rescue and recovery specialist Begbies Traynor has opened an office in Swindon as it continues to grow across Wiltshire and Oxfordshire.

The firm, which has more than 30 offices across the country, had been covering the Swindon area from its regional headquarters in Salisbury. It also has offices in Oxford, Bath and Bristol.

The Swindon office, on Windmill Hill Business Park, will be run by a five-strong team headed by regional managing partner Julie Palmer, pictured, who leads the firm’s South West and Wales teams.

The opening comes as the economic recovery causes new challenges for many businesses and ahead of the first interest rate rises for more than five years. Traditionally, many firms encounter cashflow problems when the economy improves as they have to fund increased activity ahead of receiving payment for the work.

Julie said: “We are really looking forward to offering our renowned financial consulting and recovery expertise to local businesses.

“Many firms are finding that as the economic recovery continues, fresh challenges such as over-trading and consequent cashflow strains are once again threatening businesses with ambitious growth plans.”

She said Begbies Traynor had a track record for helping management teams place their businesses on a secure footing to take advantage of increasing opportunities that are now happening in growing towns such as Swindon.

Begbies Traynor, whose South West regional team won Regional Insolvency Practitioner Firm of the Year in last year’s national Insolvency and Rescue awards, is listed on the London Stock Exchange’s AIM market.

As well as Julie, the Swindon office team includes partner Neil Vinnicombe, director Simon Campbell, administrator Andrew Hook and office manager Julie Wilson.

 

 

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