BEGBIES TRAYNOR STRENGTHENS MANCHESTER TEAM

Begbies Traynor, the UK’s largest independent insolvency and corporate recovery specialists, has strengthened its Manchester team with the appointment of Kevin Coates.

Kevin, 33, joins Begbies Traynor as a director in the Manchester office following nine successful years with Ernst & Young.

A qualified chartered accountant and insolvency practitioner, Kevin brings to the firm a broad range of experience in the retail, manufacturing, engineering, construction, healthcare, technology and consumer products sectors.

His experience also includes a thirteen-month secondment to the Royal Bank of Scotland, assisting the bank in managing its distressed customer portfolio.

Paul Stanley, senior partner at Begbies Traynor, Manchester, comments: “I am pleased that Kevin has chosen to join us in further strengthening the Manchester team. Begbies Traynor has a strong reputation in the corporate recovery market and appointments of this calibre demonstrate our ongoing commitment to bringing valued expertise to our clients. This, together with our strategy of expansion, will enable us to accelerate our strong growth in the years ahead.”

Ends

Enquires, please contact:
Joanne Fletcher-Wall
Bell Pottinger North
01625 506425

Information on Begbies Traynor can be accessed via the Group’s website at : http://www.begbies-traynor.com


Notes to editors:

About Begbies Traynor Group plc
The Group specialises in business insolvency management and is becoming increasingly active in the area of personal insolvency. It also offers services in corporate rescue and investigation services and has entered the field of corporate finance.

In November 2005, the Group entered the rapidly-expanding volume personal insolvency market via the acquisition of W3 Debt Solutions, a firm specializing in providing advice and practical support to individuals in debt.

The Group has grown to its current network of 32 nationwide offices ranging from Scotland to the South West of England, with 350 operatives. The Company continues to pursue its strategy of organic development, coupled with the acquisition of specialist knowledge of both individuals and firms, to further increase its market share in its core services.

The Directors believe that the Group is the UK's largest independent insolvency, corporate rescue and recovery specialist with clients ranging from major institutions to individuals with business difficulties.


The Office Network
The Group operates with 60 licensed insolvency appointment takers, some 225 fee earning staff and 65 in support and administration. The Group operates from 32 locations across the UK.

Business Activities
The core business of the Group is the formal administration of insolvencies including receiverships, liquidations, administrations, company voluntary arrangements and business-related personal insolvencies. The Group has extended its activities into a range of consultancy services including corporate rescue, credit management, forensic and investigation services and corporate finance.