John Pye & Sons Ltd was founded in 1968 by John and Ann Pye, originally as a partnership trading for many years under the title of ‘Furniture & General Auctions’ from Nottingham’s old Cattle Market site.

For over 20 years the business principally managed instructions for probate house clearances; cessation of business asset disposals and private chattels.

In December 1990 the business was incorporated as ‘John Pye & Sons Limited’ on the Companies House register. In the same year it moved to larger premises at Banton House, Meadow Lane, near Notts County Football ground as the business expanded its client portfolio throughout the East Midlands to encompass insolvency practitioners and industrial machinery valuations and auctions.

As this stream of business grew throughout the ‘90s UK recession period, John Pye & Sons required more space. In 1995 we acquired the old Shipstone’s ‘Star’ Brewery site; an iconic 7 acre industrial site in Nottingham. This was a significant long term capital investment for the family business, at the time employing no more than 20 full time staff but it provided John Pye & Sons with a site to grow into.

At that time John Pye & Sons was a regional auction house operating from one site, very much akin to most provincial auction houses. Traditionally the UK auction market has been very fragmented, occupied by family businesses with senior vocational Auctioneers at the helm with limited succession planning and fairly slow to grasp new technology opportunities.

When people have historically thought of auction houses they have thought of the well-known high end auction houses at one end of the spectrum and small family run auction houses at the other end.  John Pye & Sons are neither, positioned in the middle vacuum of the market that has existed, alongside other provincial auction houses. Historically there has been no brand leader in the market for large stock disposals.

Sensing an opportunity in a fragmented niche, low profile and misunderstood yet potentially significant market, John Pye & Sons in 2003 set out on a strategic development programme to establish itself as the UK’s leading brand name synonymous with the general public purchasing everyday items (stock & assets) at auction for potentially bargain prices.

In 2003 we began to engage with Retail PLCs to provide a pipeline of more everyday common stock auction offerings; such as electronics, and home and garden stock. This has grown substantially to now incorporate over 60% of UK Retail PLCs and other Partnerships within John Pye & Sons’ client portfolio.

As we have organically grown the business we have strived to engage with new asset and stock market sectors to widen both client and buyer bases to ensure we are not reliant on one market type and therefore, left over exposed by market movements.

We are primarily a B2B business for sellers/vendors of stock and assets and a B2B and B2C business for buyers of stock and assets. There has been a significant shift from B2B to B2C buyers over the last five years as we have transitioned auction operations from live traditional auctions to online auctions.

In 2013 we launched John Pye Property, in response to market requests for bolt-on property services for Insolvency Practitioners.

John Pye Property was established to service a growing market need for owners and agents to reach end user property purchasers through a wider and more transparent gateway to market.

More About John Pye Auctions

Introduction

Welcome to John Pye Auctions – the UK's leading commercial auction house network, fusing traditional auction principles with modern day digital technology. Our aim is to be the leading auction 'one-sto...

History

John Pye & Sons Ltd was founded in 1968 by John and Ann Pye, originally as a partnership trading for many years under the title of ‘Furniture & General Auctions’ from Nottingham’s old Cattle Ma...

Ethos

Our business started from a small acorn, planted by company founder John Pye, who began trading with a horse and cart in 1968, undertaking the smaller probate property clearances in Nottingham that other est...

Development

John Pye Auctions has continually been at the forefront of UK auction industry innovation. The business has developed from a single site operation in Nottingham's old Cattle Market to the UK's biggest au...

Innovation

John Pye Auctions competitive advantage has been built upon decades of industry innovation. We were the first UK auction house to transition fully from live traditional auctions to timed online auctions, ...

Marketing and Sponsorship

John Pye Auctions has a proud history of sports sponsorship support from community grassroots clubs through to regional, national and international sports clubs and events. We were the first UK Auction Ho...

Quality Management

John Pye Auctions is an ISO 9001 accredited company, recognised by the the World's International Standards Organisation and British Standards Institute (BSI).   Our certified and established quality m...

Risk Management

As a business we take risk management seriously and have an established track record of effectively and successfully managing a myriad of operations, commercial and repetitional risks for our clients, many ...

Environmental

As a family business, John Pye Auctions takes environmental issues seriously and operates an ISO 14001 Environmental Management System (EMS). The ISO 14001 EMS is an internationally agreed standard that h...

Awards & Accreditations

John Pye Auctions has been continually recognised as a leader of best practice, development and innovation within the auction industry and wider business. In 2015 & 2016: twice won the UK's Asset Valu...
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