Accountancy and business advisory firm BDO LLP has appointed a former London partner, Danny Dartnaill, as the partner to lead its Business Restructuring team in the Thames Valley. Danny has specialised in insolvency, business restructuring and turnaround work for more than 12 years and has spent the last nine years working from the firm’s London office. He will work closely alongside business restructuring directors Tim Townley, Andy Smith, David Smithson and Matthew Fox.
Danny comments: “BDO has a fantastic, well-established and respected team of restructuring professionals in Reading and I’m excited about the opportunity of leading the team here. Reading and the surrounding area is a strong market in its own right, very distinct from London, with its own network of advisors and professionals.
“The market’s elusive search for growth continues to present a challenging landscape for UK businesses, especially in the mid-market and Directors should not be embarrassed to seek help or guidance in these difficult times. “Genuine restructuring will continue to play a huge role over the next few years and I would urge businesses to take stock of their financial position and operational performance, and seek advice if they have concerns.”
He adds: “The winners will be those who accept that the economy is not going to bounce back in the short-term and, in the context of this new norm, take action.” He went on to say that the key to success in current markets is based on consumer value, client service, innovation and adaptability.
Julian Frost, partner and head of BDO in the Thames Valley, commented: “We are delighted Danny has joined the regional team. He brings with him a wealth of experience and an additional layer of expertise that will no doubt prove valuable to both new and existing clients.”