Insolvency specialists Begbies Traynor enjoyed a surge in revenues in the six months to the end of September 2024 and are on course to hit a target of £200m in income.
Analysts expect the Manchester-based professional services group to post full year “adjusted” pre-tax profits of £23.0m-£24.3m, which this morning’s statement said the company was “confident of delivering”.
The business made pre-tax profits of £4.7m on turnover of £76.3m in the half year, with adjusted profits of £11.5m.
The business has grown by acquisition and market share, but also by an increased insolvency activity levels in higher value cases.
Ric Traynor, Executive Chairman of Begbies Traynor Group: “I am pleased to report a…
