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Creating History By Winning UK TRI Award Third Year In A Row

Posted on: 19 October 2017

We are proud to announce that we have retained our crown as ‘Asset Valuer/ Auctioneer of the Year’ at the UK Turnaround, Restructuring and Insolvency (TRI) Awards 2017, creating history by winning it three years in a row.

We won the accolade in 2015 and 2016 and in an award ceremony that took place at London Hilton Park Lane last night (Wednesday October 18th), we were once again successful, securing an historic hat trick; the first time any finalist has achieved a hat trick in the UK TRI Awards.

The annual TRI Awards are independently judged by a panel of leading industry professionals and celebrated distinguished leaders, who demonstrate excellent practice and outcomes in turnaround, corporate restructuring and insolvency across the country.

Our Business Assets department, which services UK recovery practitioners, the insolvency service and banks and lenders, has been recognised for valuation and support services and added value asset realisations across a wide spectrum of industries, encompassing plant and machinery, retail, aviation and property for clients.

John Pye Auctions Associate Director and Head of Business Assets, Charles Loake, said: “It’s a huge honour that our Business Assets team has been recognised for the services we provide for a third year running. I’d like to thank my team and everyone at John Pye Auctions who made this possible.

“The TRI Awards set the benchmark for excellence in our industry and to hold on to our title as Asset Valuer/Auctioneer of the Year is absolutely fantastic.

“It’s a pleasure to watch not only the Business Assets department, but all the divisions in John Pye Auctions grow and I look forward to its continued growth and success.”

Managing Director, Adam Pye, said: “We are very proud to be taking home this award for a third year running and to be the first firm to do so is a major milestone for us and the industry.”

“To be recognised at such a high level amongst many other successful businesses, is a real honour, especially as we are so passionate about this industry.”

“I’d like to thank the whole team for their continued hard work, dedication and commitment to the company, and a special thank you to our clients for their support over the years, we are where we are today because of them.”

Here is what the judges had to say:

“Taking the time and trouble to phone every bride affected by an administration, thus mitigating the adverse effects of insolvency, was a nice human touch”.

“A very strong entry. Good testimonials and the expansion and growth of the business is excellent. The human story with the wedding brides was a good one, and got judges attention!”

“Detailed submission from a growing business committed to providing one stop shop for plant and property services to its clients across England and Wales. Innovative approach to wedding dress realisations. Committed to adding value for their clients whilst continually looking for additional sales channels/market offerings in the UK and also in UAE. Very detailed submission”.

“Impressive”.

Great testament to the Pyes team effort.