Partner Article

Twenty year milestone marked at Sheffield turnaround firm

THE founding partners of a leading Sheffield business turnaround firm are celebrating a major milestone with the 20th anniversary of their business partnership.

Adrian Graham and Deborah Lockwood, directors of Sheffield-based insolvency and business recovery firm Graywoods, have been leading figures in the profession for the last two decades.

They first came together to establish insolvency practice Hamiltons in 1999, based in Omega Court on Cemetery Road in Sheffield.

After over 11 years of growth, Hamiltons merged with another firm in 2010 and Adrian and Deborah went on to head up the newly-opened Sheffield office of a major national turnaround and insolvency business.

In 2015 they established Graywoods, a full service insolvency and business turnaround advice practice based in Sheffield city centre.

The firm teamed up with Rotherham-based practice Moorhead Savage in 2016 and has since opened offices in Huddersfield and York.

“The past 20 years have been a real time of change for businesses in the region,” said Deborah.

“Whilst many firms have been well prepared for that change, some have found it increasingly difficult to adapt and have faced insolvency issues as a result.

“We are committed to giving best advice to those businesses, helping the owners and directors to explore their options and find the best way forward.”

Adrian commented: “We are very grateful to our hardworking staff, some of whom have been with us since we were Hamiltons, without whom we would not be able to deliver such a high standard of advice and client care.

“Deborah and I are delighted that we have been able to support several members of the team to become qualified insolvency practitioners in their own right, which underlines our commitment to the long-term sustainability of the practice.

“We look forward to the next decade with excitement and renewed enthusiasm to build on our reputation for high quality advice and tailored solutions to insolvency and business turnaround problems.”

This was posted in Bdaily's Members' News section by John Highfield .