Doan Thi Thanh Phuc

Homework w7
1157513550
FINANCY
(http://www.theguardian.com/business/2011/jan/24/more-uk-firms-
financial-trouble-begbies-traynor)
More UK firms in financial trouble
Insolvency specialist Begbies Traynor warns that 23,500 firms could go bust this year as
government spending cuts start to bite
The number of UK firms with financial problems has risen year-on-year for the first time
since the beginning of 2009, according to research published today.
Insolvency firm Begbies Traynor's latest "red flag alert" showed that 147,836 companies
got into financial trouble in the final three months of 2010, up 4% on a year earlier and
marking the first year-on-year rise for seven quarters in a row.
The number of companies in trouble increased 20% on the previous quarter, which
Begbies said was greater than the traditional seasonal rise at the end of the year.
Begbies also said the figures indicate that corporate insolvency numbers could increase
from around 21,500 in 2010 to around 23,500 in 2011 as government spending cuts start
to bite.
Small businesses would be worst affected in the "darkest hour before the dawn".
The report, which monitors the early warning signs of company distress, found that 3,018
companies were in the "critical" category, owing 52.7bn to their creditors, suppliers and
service providers.f
While the amount owed was lower than the third quarter of 2010, the number of firms in
trouble had increased by 3%, a sign that more small businesses were experiencing
financial problems, said Begbies.
Ric Traynor, executive chairman of Begbies Traynor, said: "These figures show the first
evidence of a hardening of creditor attitudes and the real strain being felt by UK
companies at this point in the cycle.
He added: "For smaller businesses, we are entering the darkest hour before the dawn as
they face the dual challenges of weak domestic demand and greater pressures from larger
competitors and business customers looking to preserve their own profitability.
"As such, it will be smaller businesses that bear the brunt of an increase in formal
Thm Nhiu Cng Ty Anh Gp Rc Ri V Ti Chnh
Tp on t vn ph sn Begbies Traynor cnh bo rng 23.500 cng ty c th b ph sn
trong nm nay v vic ct gim chi tiu ca Chnh ph bt u ngm dn vo nn kinh t.
Theo nghin cu c cng b hm nay, k t trng hp u tin nm 2009, s lnh
cc cng ty anh vi cc vn ti chnh tng ln so vi cng k nm trc..
Theo bo co "mu c cnh bo" mi nht ca tp on t vn ph sn Begbies
Traynor a ra thng tin 147.836 cng ty gp rc ri ti chnh trong ba thng cui
nm 2010, tng 4% so vi nm trc v nh du ln u tin s doanh nghip b ph
sn tng trong 7 qu lin tip.
Theo Begbies Traynor, s doanh nghip gp kh khn v ti chnh tng 20% so vi qu
trc , t l ny tng nhiu hn so vi mc tng thng nin vo cui nm.
Begbies cng cung cp thm, cc s liu cho thy s kh nng thanh ton n ca cng ty
c th tng t khong 21.500 trong nm 2010 ln khong 23.500 trong nm 2011 do vic
ct gim chi tiu ca Chnh ph bt u ngm dn vo nn kinh t
Cc doanh nghip nh s b nh hng ti t nht trong gi khc en ti nht trc bnh
minh".
Theo di nhng du hiu cnh bo sm ca cc cng ty gp tnh trng kh khn, bo co
ny ch ra rng 3.018 cng ty ang trong hng mc nguy ngp, khi n cc c n, nh
cung cp v nh cung cp dch v ca h s ting 52,7 t bng.
Theo Begbies , trong khi s tin n thp hn so vi qu III nm 2010,nhng s lng
doanh nghip gp kh khn tng 3%, , phn nh thc trng cc doanh nghip nh
tht cht cc vn ti chnh.
Ric Traynor, Gim c iu hnh ca Begbies Traynor cho bit "Nhng con s ny cho
thy bng chng u tin v mt thi cng rn ca ch n v s cng thng thc theo
cm nhn ca cc cng ty Anh ti thi im ny trong chu k.
ng ni thm: "i vi cc doanh nghip nh hn, chng ta ang bc vo nhng gi
khc en ti nht trc bnh minh v h phi i mt vi nhng thch thc kp ca nhu
cu ni a gim v p lc ln hn t cc i th cnh tranh mnh hn v khch hng
doanh nghip tm cch bo v li nhun ca mnh.
Nh vy cc doanh nghip nh hn s chnh thc phi chu ng nhng gnh nng ngy
cng gia tng