Updates

Begbies Traynor

September 2022

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.

Corporate insolvency specialist Begbies Traynor is just the type of business to benefit from the ongoing consumer spending squeeze and final results for the year ended April 2022 did not disappoint with revenue of £110m, up 31% year on year and 3% ahead of forecast. Pretax profit (+54% to £17.8m) ad eps, which rose 32% to 8.8p, beat forecasts by a slightly wider margin.The larger business recovery and advisory side increased profit 43% to £21m on sales ahead by 36% to £81.4m, helped by the acquisitions last year of CVR Global and David Rubin & Partners. Market share has also risen from 12% to 14%. Broker Canaccord notes a 50% rise in corporate insolvency numbers to 16,648, the bulk of which are smaller scale liquidations, rathe ...

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Begbies Traynor (January 2024)

Begbies Traynor (September 2023)

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

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.

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