John Pye Business Assets Department judged the benchmark for Asset Management & Realisations
John Pye Auctions has been crowned the UK’s Insolvency & Rescue Awards Asset Valuer / Auctioneers of the Year 2015 (£1million plus turnover) by leading national Recovery Practitioners and Professional Services support providers.
John Pye Business Assets department – servicing UK Recovery Practitioners, the Insolvency Service, Banks and Lenders – has been recognised for realisation work of assets across a wide spectrum of industries, encompassing plant, machinery, retail, aviation and property for clients.
The awards were independently judged by leading Recovery industry professional and were presented at a prestigious black-tie dinner and ceremony at Hilton Park Lane Hotel, attended by over 800 of the UK’s leading Recovery Practitioners and support service providers.
Amongst John Pye’s 26,000 asset management instructions, case studies judged and approved for finalist status included the successful valuation, logistics and auction delivery of the UK’s largest Retail Administration case 2014/15 of Phones4U, as well as the asset management, remarketing and auction sale of a 2012 Boeing 737 NG Flight Simulator Example of a Niche Asset Sold By Private Treaty for an Insolvency Client.
John Pye MD Adam Pye said: “This is a fantastic achievement for our team of highly committed staff. As finalists for the second year in a row, we are delighted to have been recognised for industry leading client services.”
“This award is for our staff who work tirelessly to provide optimum results for our clients and it’s with thanks to our clients also for their loyal support over the years. They have been on the growth journey with us.”
John Pye Auctions has grown from 1 trading site to 15 in the last four years. The company’s Business Assets department manages personal and corporate insolvency and corporate restructuring instructions nationwide, supported by a team of over 40 trained staff, across seven UK key sites, from Edinburgh to London.
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Comments of the judges’ from I&R Awards
“John Pye Auctions has proven, current and up-to-date case references, and as a business it is a leader at the forefront of using online auctions and being innovative. It has Full Bandwith and proven capabilities within specialist and non-specialist work. Put simply, it has demonstrated growth and success.“