Bricks & Mortar
John Pye Property division launched, headed up by RICS Registered Valuer, Richard Reed.
John Pye & Sons hold a record number of auctions in one month with 21 sales in August.
On The Box
Auction frequency increases from 6 to 8 a month; Pyes develop new designated bidding rooms within the old keg plant of the brewery site, providing seating for 100+ buyers. Pyes begin advertising auction offerings on prime time ITV during Champions League football and Formula 1 Grand Prix coverage.
Rapid Sales Rise
Auctions increase frequency from 5 to 6 a month as year-on-year sales rise 14% and the firm's sales throughput rate rises to an average of 97% per week. Pyes hold the largest laptop auction in the UK, achieving record retail auction takings.
Appointment of two new Directors to the board; Paul Longson (right, Operations) and Sheldon Miller (left, Business Development Director).
Company sells first individual asset for £1m, this is a Heidelberg printing press.