Begbies Traynor crowned administration king in 2011
Top 20 firm takes the most administration and receivership appointments in the last year
BEGBIES TRAYNOR practitioners pulled in more administration and receivership appointments than any other firm in 2011, according to London Gazette figures.
In the last year Begbies Traynor administrators managed to take up 243 appointments compared to its nearest rival KPMG with 167.
PwC’s practitioners managed to keep hold of one of the world’s largest administrations in the form of Lehman Brothers but, they came in last out of the Big Four pulling in 56 jobs.
There were 1,678 administration and receivership appointments advertised in the London Gazette from the top 21 firms in 2011. On appointment the practitioner must advertise in the online publication.
According to Insolvency Service statistics there were 4,1697 corporate insolvencies from the third quarter of 2010 to the third quarter of 2011.
The government’s fourth quarter statistics for 2011 are due on 3 February.
Figures compiled by Geoff Swire: www.geoffswire.co.uk/
