Date Published: 19th May 2021
Leading professional services firm Begbies Traynor Group is seeing continued growth at its Newcastle upon Tyne office with another four recruits joining the team as it strengthens its presence across the North East.
With 17 years’ experience providing banking and finance support, Andrew Grundy has been appointed as director in BTG Advisory, a division of Begbies Traynor Group which provides tailored funding solutions and receivables management services. Andrew has held a number of positions with leading high street banks including Yorkshire Bank, Santander and HSBC. He joins from accountancy firm where he spent the last three years based at its Durham office, latterly as banking and finance director.
In his new role with BTG Advisory, Andrew will be responsible for assisting businesses across the North East and Yorkshire to access finance. Using his specialist knowledge of asset based lending, working capital solutions and Government loan schemes, he will advise companies as well as working alongside the wider team BTG Advisory team to provide clients and referral partners with sales ledger, collections and restructuring support. Having spent his entire career in the North East and Yorkshire, Andrew has an in- depth knowledge of the region and extensive contacts.
With 20 years’ experience in insolvency, Charlene Carson joins the Begbies Traynor team in Newcastle as insolvency manager having previously spent 13 years with Begbies Traynor Group in Edinburgh. She is joined by Josephine Humphreys as senior administrator who has worked in insolvency for over 20 years, holding positions in a number of leading accountancy firms in the North East.
Finally, John Ellis, who starting working with the firm as an intern in July 2019 and has held a part-time role while he completed his BA in Business Management at Northumbria University has been offered a full time, permanent position as trainee administrator.
Gillian Sayburn says: “We’re building out the team to ensure we cement our position as the leading national business recovery and financial advisory service group in the region. With the challenges facing businesses continuing, combined with further pressures as Government support measures are withdrawn, we are, unfortunately expecting greater demand for our services later in the year. We want to ensure that businesses in the North East know we have the experience and quality in our team to support them.”
Andrew Little, who joined Begbies Traynor as partner in January, comments: “The addition of Andrew Grundy to our BTG Advisory offering gives further strength in depth. I am looking forward to working alongside Andrew to provide turnaround, rescue and refinance options as businesses in the region navigate through some difficult times.”
Begbies Traynor Group offers a full range of professional services including corporate recovery, business review and disposals, investigations and risk, forensic accounting advice, corporate finance, property, funding, debt collection and personal insolvency.
Gerald qualified in 1971 as an ACA with Peat Marwick Mitchell and subsequently joined Bartfields Chartered Accountants where he began to specialise in Insolvency. He was one of the first licence holders in 1986 when he specialised in CVAs before they became more popular. Gerald has worked on numerous successful cases including Krasner v Dennison, for which he won in the Court Of Appeal and as a consequence changed the treatment of a bankrupts' pensions.
In 2004 he became chairman and part owner of Leeds United AFC which had debts of circa £103 million. These were reduced to £24 million before the club was sold the following year. In 2007 he sold the insolvency division of Bartfields to Begbies Traynor and became a partner at the firm.
Gerald has lectured both nationally and internationally to fellow insolvency practitioners and other professionals, and has also been involved in committees for both R3 and Insol.