Begbies Traynor Group plc, the Manchester-based business recovery and financial advisory firm, said it expects its revenue to increase 12% to £153 million for the year ended April 30, 2025.

In a year end trading update, Begbies Traynor said it expects adjusted profit before tax to increase 7% to £23.5 million.

Begbies Traynor executive chairman Ric Traynor said: “The group has delivered double digit revenue and EBITDA growth, ahead of consensus expectations, marking its tenth successive year of profit growth.  

“This reflects strong demand across the breadth of the group’s services – from insolvency through to complex restructuring and our broad range of complementary financial and real estate advisory services.

“Recent momentum in recruitment for senior roles, together with visibility of fees on current instructions, underpins our confidence in continued organic growth, which we expect to supplement by executing on an encouraging pipeline of acquisitions, enabled by our strong cash generation and balance sheet.”