Business restructuring and advisory firm Begbies Traynor is set to reveal sales and profits ahead of targets after being boosted by a jump in corporate collapses.
The Manchester-based firm said it has seen insolvency numbers continue to rise over the past year as firms feel the pressure of soaring cost inflation and reduced consumer spending.
Over the last year, the company has worked on administrations for high street stationery chain Paperchase, which shut its 106 shops due to insolvency, and rugby union team Worcester Warriors.
On Monday, Begbies Traynor told shareholders revenues are expected to have risen by 11% to 122 million over the year to April 30 compared with the previous year.
Worcester Warriors rugby union team hired Begb…
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