Business Rescue Expert launches Turnaround division

Insolvency practice, Business Rescue Expert (BRE), has announced the launch of a specialist Turnaround division.

Turnaround & Restructuring Expert (TRE) is supporting businesses across the UK, with a focus on protecting jobs and avoiding formal insolvency. The move forms part of Darlington-headquartered Business Rescue Expert’s wider strategy to expand its advisory services and follows the launch of a north west hub last autumn.

TRE is based in Manchester and is led by Eamonn Wall, BRE’s founder and chief executive, who has 30 years’ experience in insolvency, alongside Managing Director Kevin Pinkerton.

Pinkerton joined BRE to spearhead the new north west operation after 23 years as a lawyer specialising in restructuring and insolvency, during which time he qualified as an insolvency practitioner. He moved from law firm Freeths, where he was national head of restructuring and insolvency.

TRE’s launch comes amid increasing pressures on SMEs, driven by rising energy and input costs, supply chain volatility and weak UK economic growth.

The latest Insolvency Service figures show there were 2,022 registered company insolvencies in England and Wales in March, seven per cent higher than in February.

Eamonn Wall said: “Small and medium-sized businesses are facing mounting challenges on multiple fronts, often for reasons beyond their control. At Business Rescue Expert, we’ve supported thousands of directors through formal insolvency over the last two decades. TRE represents a strategic shift towards earlier, proactive support for businesses concerned about their future and directors’ legal obligations where viability is at risk.

“This could involve a board or shareholder dispute, HMRC demands, creditor pressure, cashflow issues, or a major unexpected event that threatens a company’s stability, such as a significant insurance or employment claim. Seeking advice early significantly increases the range of options available.

“TRE is not a funnel for our insolvency division – it’s a shield to protect businesses from failure wherever possible. We’re working closely with directors to safeguard their businesses, protect themselves and preserve stakeholder value.

“Drawing on our experience and a trusted network of professionals such as lawyers, accountants, tax and property advisers, we are able to provide clear and practical advice when decisions need to be made quickly and breathing space is needed.”