John Pye Auctions has been named Asset Valuer/Auctioneer of the Year for 2023 in the Turnaround, Restructuring and Insolvency (TRI) Awards, in a record breaking six-time win in the category.
Established over 15 years ago, the TRI Awards are the only awards programme that recognise and reward excellence across the turnaround, restructuring and insolvency sector. Independently judged by a panel of leading industry professionals, the awards cover the breadth of the profession, with winners named across 20 categories.
John Pye has worked on some of the UK’s largest insolvency cases in the last 12 months, namely MADE.com and Moore Large and Co. which saw the firm auction off over £35m RRP worth of bike and cycling stock.
Trevor Palethorpe, director at John Pye, says: “This is a fantastic achievement for the team and I think we’ve set an industry record with our sixth win in this category! It has been a phenomenal year for our business in terms of receipts, registered bidders and turnover. This month we’ve also announced a record profit share with our staff of £2m.
“Winning this award from the TRI recognises the hard work of everyone in managing a number of high-profile cases this year including Wilko, Made.com and Moore Large and Co. It’s great that the team has been recognised in this way.”
