Insolvency specialist Begbies Traynor saw annual profits almost double after a spate of larger, higher-value business failures.
The group, which achieved its 10th consecutive year of growth, reported pre-tax profits jumped from £5.8million to £11.5million in the year ending April, while its adjusted earnings before nasties rose by 11 per cent to £31.7million.
Its turnover increased by 12 per cent to £153.7million after organic revenues climbed by 10 per cent, thanks to strong performances across both divisions.
It follows a rise in…