Managing director John Pye Auctions, Adam Pye, has been named as \u201cone to watch\u201d by Lloyd\u2019s Development Capital (LDC), as part of its top 50 \u2018Most Ambitious Business Leaders\u2019 list.\r\n\r\nThe accolade follows news that the auction house reported its highest recorded auction figures in its 52-year history, with a 79% sales increase compared to pre-lockdown.\r\n\r\nPye said: \u201cI\u2019m thrilled to have been identified as \u2018Ones to Watch\u2019 by LDC alongside some really fantastic business leaders. The list highlights the sheer amount of great work that is being done by medium sized companies across the UK, so I feel honoured to be included.\r\n\r\n\u201cI\u2019ve been director for 25 years and MD of John Pye for 16 years and steered the firm through a number of recessions and hard times, but I don\u2019t think anyone has experienced a year quite like this. All business leaders across the globe have seen some real highs and lows so it\u2019s great to have something to celebrate.\u201d\r\n\r\nHe added: \u201cAs we move further into quarter four, towards the end of 2020, John Pye is busier than ever. We\u2019ve cleared out more than 250 stores across the UK and handled a number of proceeds of crime millionaire bankruptcies.\u00a0\r\n\r\n\u201cIt\u2019s a sad fact of business that certain firms will struggle in times like these and it\u2019s hard to see some of our long-standing retail clients go into administration. However, we\u2019re optimistic about the future.\u201d\u00a0\r\n\r\nJohn Pye Auctions has been named as the fastest growing auction company in the UK over the last ten years and judged the UK\u2019s \u2018Asset Valuer and Auctioneers of the Year\u2019 for the last five years running.\u00a0\r\n\r\nIt holds more than 1,300 auctions per year and has just reached the milestone of half a million registered bidders.