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John Pye Shortlisted Celebrates Sixth Win at Insolvency industry Awards

1st December 2023

John Pye Auctions, the foremost auction house network in the UK, has achieved a remarkable milestone by securing the prestigious title of Asset Valuer/Auctioneer of the Year for 2023 at the Turnaround, Restructuring and Insolvency (TRI) Awards. This marks the sixth consecutive triumph in this highly esteemed category, solidifying John Pye's unparalleled reputation in the industry.

With a rich history spanning over 15 years, the TRI Awards stand as the singular accolades program that acknowledges and honours excellence within the turnaround, restructuring, and insolvency sector. Rigorously judged by a panel of distinguished industry professionals, the awards encompass a diverse spectrum of the profession, celebrating winners across 20 distinctive categories.

The announcement of this noteworthy achievement took place during a special awards ceremony on November 21st at the Hilton London Bankside. John Pye was bestowed with the title of Asset Valuer/Auctioneer of the Year for 2023, a testament to their unwavering commitment to excellence.

Over the past 12 months, John Pye has played a pivotal role in managing some of the UK's most significant insolvency cases, including notable projects such as MADE.com and Moore Large and Co. The firm's prowess in auctioning off over £35 million RRP worth of bike and cycling stock further underscores their industry leadership.

Trevor Palethorpe, Director at John Pye, expressed his elation at the team's exceptional achievement, stating, "This is a fantastic accomplishment for the team, and I believe 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." Palethorpe also highlighted the team's notable success in handling high-profile cases such as Wilko, Made.com, and Moore Large and Co.

In addition to their professional achievements, John Pye has recently announced a record profit share of £2 million with their staff, further emphasizing their commitment to recognizing and rewarding the collective efforts of their team.

For comprehensive details about John Pye & Sons Ltd's asset management services and current auction listings, please visit www.johnpye.co.uk.

For additional information regarding the TRI Awards, kindly visit www.tristrategy.co.uk/tri-awards/t-r-i-awards.

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