INSOLVENCY outfit Begbies Traynor has signed an agreement with the Chartered Institute of Credit Management (CICM) to become one of its new corporate partners.
Mathew Headland, CICM national relationship manager at Begbies Traynor says as a business it already has a close relationship with CICM members: “We understand the key role credit managers play in the ongoing financial health of their organisations. We also understand the pressures that many face and have developed a creditor services offering to support their aims. Whether this is utilised as a basic free consultation by phone, or a full suite of services to cover all claims in any insolvency, we can work with members to provide a tailored solution,” he adds. “Begbies Traynor is proud to be a partner of the CICM and supporting its members.”
Begbies Traynor’s Scottish insolvency team recently won a major contract for the Northern Ireland government’s Department of Enterprise, Trade and Investment (DETI).
Headed by the firm’s regional managing partner for Scotland and Northern Ireland, Ken Pattullo, the team will help the DETI manage the province’s historically high levels of both individual and corporate insolvency levels.
Insolvencies have rocketed over the past six years in Northern Ireland as the economy battles to emerge from the recession.
Philip King, ICM chief executive, said: “By signing another corporate partner with tailored solutions for credit managers, we continue to provide a more complete solution to meet all of our members’ requirements.”
Steve Absolom and Will Wright from KPMG Restructuring have been appointed joint administrators to City Motor Holdings and associated companies
Partners from Johnston Carmichael have been appointed as joint administrators to Axon Well Interventions Products UK
Begbies Traynor have been appointed administrators of William Anelay Ltd, York, one of Britain’s longest-established construction and heritage restoration companies
Smith & Williamson has been appointed administrators of charity 4Children