Begbies Traynor in Leicester has promoted Thomas Harris to director following a period of growth for the firm, which has seen it expand significantly since it opened its base in the city three years ago.
With almost 15 years’ experience in insolvency and business recovery, Thomas joined the Begbies Traynor team in 2020, having previously worked with partners Martin Buttriss and Carolynn Best.
His promotion sees him take on the role of appointment-taking director, supporting Martin and Carolynn in taking formal appointments and providing advice to companies in the region that require assistance if they find themselves in financial difficulty.
The promotion comes following the publication of Begbies Traynor’s most recent Red Flag Alert data, which shows that more than 8400 Leicestershire businesses found themselves in significant financial distress during Q3 2022, as companies face rising costs and fragile confidence.
Commenting on his appointment, Thomas said: “Now more than ever, businesses are facing really challenging times, so it is important that they can rely on us to provide high quality business recovery advice and consultancy services. We are here to help local businesses who may find themselves in financial difficulty and work with them to achieve the best possible outcome from their situation.”
Martin Buttriss, partner at Begbies Traynor in Leicester, added: “Tom’s promotion is thoroughly well-deserved and it comes at a time when businesses need our support to help them navigate an increasingly turbulent economic environment. He is quick to establish a warm rapport with clients and is a natural fit for our approachable and friendly culture at Begbies Traynor.
“Since Tom joined us, we have grown to a team of eight, with plans for further expansion in the coming year.”