Updates

Begbies Traynor

January 2024

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

According to the latest insolvency service figures liquidation volumes across England & Wales rose 16% year-on-year in October and were +67% versus 2019. While complex administration volumes (where money is made) remain below pre-Covid levels, they are trending higher and rose 36% year-on year. This ought to benefit Begbies Traynor, whose trading update noted a 13% rise in revenues to c. £66m in the six months ended October and £10m pretax profit, while net cash is expected to be £1.1m. Full year pretax profit expectations are unchanged (£21.9m-£22.5m). Its main insolvency specialist and financial advisory division is seeing lower business levels in the latter due to less M&A but there’s more advice on refinancing and restructur ...

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Global Port Holdings

CVS Group

Begbies Traynor (September 2023)

Begbies Traynor - Business insolvency specialist eyes rising administrations (July 2023)

Begbies Traynor (September 2022)

Begbies Traynor - Corporate insolvency specialist beating expectations (July 2022)

Begbies Traynor (January 2022)

Begbies Traynor - Insolvency practitioner eyes spike in business following furlough closure (September 2021)

Begbies Traynor - Provider of corporate insolvency services sees ballooning demand (August 2008)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X