Insolvency specialist Begbies Traynor has posted a near doubling of its pre-tax profits, driven by a rise in higher-value corporate failures and sustained demand for advisory services across the UK.
The firm, which is listed on AIM, reported pre-tax profits of £11.5 million for the year to 30 April 2025, up from £5.8 million a year earlier. Revenues rose by 12% to £153.7 million, from £136.7 million in 2024.
Executive chairman Ric Traynor said the results marked the company’s tenth consecutive year of profit growth, adding that the performance was “driven by strong levels of organic growth delivered across our broad range of advisory services”.
The firm said its business recovery division, which accounted for more than…