What the graphic shows: The number of administration appointments won by the top performing firms during the month ending 31 July 2014 across England & Wales as listed in The London Gazette.
FRP Advisory topped the chart for the second month running, dominating administration appointments in July with 17 cases (an 89% increase month-on-month). 10 of the firm’s appointments came from the administration of the No Saints Group Limited – a group of companies operating a series of nightclubs and entertainment venues, primarily across the south east of England.
Begbies Traynor, Duff & Phelps, and Resolve Partners all collected nine appointments apiece during the month, ahead of Baker Tilly which was appointed to seven.
Begbies Traynor continued to perform strongly as the firm collected administration appointments across a range of market sectors and regions. Begbies Traynor has been appointed to 85 administrations so far in 2014, more than any other business recovery firm.
Of the ‘Big Four’ firms, KPMG and Deloitte were both appointed to five administrations each during July, including the administration of Unipart Automotive Limited [link] (KPMG). EY collected four appointments through the administration of the Zog Brownfield Ventures Limited group of companies, while PwC was appointed to two administrations.
There was a small increase of 15% in total administrations between June (125 cases) and July (144) – however the July 2014 level is still 19% lower than a year previously (July 2013: 171).
The majority of sectors, including construction, property, and retail, stayed mainly flat, although there were large increases in administrations within the hospitality & leisure (750% month-on-month increase) and manufacturing sectors (92%).
There were no administrations from the financial sector during July (down from six in June), while there were no legal-based administrations for the second consecutive month.
Posted on 19th August 2014 by
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