Accounting Firms

FRP Advisory launches restructuring offering in East Anglia

It comes following the appointment of Richard Bloomfield as an appointment-taking director in its Norwich office

FRP Advisory has announced the launch of a new restructuring team aimed at supporting businesses in the East of England, following the appointment of Richard Bloomfield as an appointment-taking director in its Norwich office.

The firm’s Norwich office, which opened following the acquisition of JDC Group in 2020, currently specialises in providing clients with corporate finance and forensic
services support.

Bloomfield joins FRP’s 26-strong team in Norwich from insolvency training business NTI, where he has spent the best part of the last decade developing future insolvency practitioners.

Prior to NTI he spent 10 years with Norwich-based accountancy and advisory firm Larking Gowen supporting business recovery in the region.

Bloomfield said: “While the economic effects of Covid-19 have created opportunities for some businesses to thrive, they have also dented the prospects of many across East Anglia. With business owners and management teams now contending with the challenges of inflation and servicing emergency debt from the pandemic, it’s a critical time for preserving jobs and recovering value in the region.

“FRP’s restructuring team has an enviable reputation for putting businesses back on the path to growth, so it’s a privilege to help it increase its presence locally and add to its already outstanding specialisms in Norwich.”

Jeremy French, chief operating officer at FRP, added: “Our Norwich team has played an instrumental role in our growth over the past two years, and this latest development brings it in-line with the full service offering we provide to our clients across the UK.

“Richard’s technical expertise and relationship with local referrers and insolvency practitioners make him the ideal person to develop our restructuring team in East Anglia, which we look forward to helping him do at pace.”

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