Salisbury: Director appointed for insolvency company Rothmans Recovery Ltd

A director has been appointed to Rothmans Recovery, the new insolvency arm of Rothmans Chartered Accountants.

James Stares, who lives in Salisbury, is a licensed insolvency practitioner and business advisor, with more than 15 years’ experience in advising companies and other key stakeholders on business, management and financial risk. He specialises in providing constructive, practical and preventative solutions for businesses in difficulty across all industry sectors, including retail, manufacturing and service providers, hospitality and leisure.

Stares will be based in the firm’s Salisbury office, with responsibility to service client needs across the Southern and Solent regions.

He previously managed the business recovery and restructuring teams at both PwC and Grant Thornton in the Solent region. He also served as Chairman of R3 (The Association of Business Recovery Professionals) for the Southern Region from 2012 to 2014.

His wide-ranging expertise covers investigations, due diligence and advisory work, as well as leading business reviews for both borrowers and lenders. This includes the identification and development of financial restructuring opportunities, supported by a combination of debt-raising, disposal of non-core businesses and strategic change.

Rothmans, one of the South’s leading accountancy practices, set up the subsidiary company earlier this year as part of its continuing programme of expansion supporting businesses in the region. Rothmans Recovery Ltd has offices in Bristol, Portsmouth and Salisbury.