Insolvency specialist expands into the North-West

A Yorkshire-based business turnaround and insolvency specialist has expanded by opening an office in Manchester.

The new venture comes six months after Sheffield-based Wilson Field established an office in Leeds.

Wilson Field has continued to expand, despite the fact that the number of insolvencies in the UK has fallen.

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The Government Insolvency Service’s fourth-quarter figures for 2010 revealed that liquidations were down 15.9 per cent, when compared with the same period in 2009.

Last year, Wilson Field achieved a turnover of £4m and grew its workforce by 20 per cent.

The new office, in the Spinningfields area of Manchester, will be led by Graham Ingham, 44, from Preston, who has more than 20 years’ experience across the financial industry.

He has a large number of contacts with Manchester’s asset based lenders, banks, accountants, law firms and businesses and joins Wilson Field from Begbies Traynor.

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Nick Wilson, the managing director of Wilson Field, said: “I see this as a natural progression for the company.

“Manchester is the biggest city in the north and I’m thrilled that we are able to take the next step in developing the Wilson Field brand in such a thriving business community.

“Graham has a wealth of commercial experience, a proven track record in sales and business development and a large database of professional contacts.

“He will be raising the profile of Wilson Field in the North-West and I am confident that this combined with other marketing efforts will result in more business.”

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Mr Ingham said: “It’s great for Wilson Field to have a presence in the North-West and replicate the success the company already has in Yorkshire.

“The business has grown against the trend in the insolvency industry where many have become stagnant and this is very much down to the strong team they have in place in Sheffield.

“I know the area very well and already have strong links with the business community and I’m thrilled to have the chance to use my knowledge to help develop such a forward-thinking company.”