South: Tenon Recovery opens new offices

Tenon Recovery have opened two new offices to address geographical gaps in their national network of offices. The offices in Watford and Croydon have been established to provide confidential turnaround and recovery services to local entrepreneurs who have concerns about the solvency or viability of their businesses.

This brings the number of their recovery offices to 32, a base from which Tenon have become the second largest corporate appointment taker in the UK.

Heading the Watford office is Nick Simmonds, a director within Tenon Recovery. Simmonds qualified as an insolvency practitioner in 2001 and has significant experience in providing advice to both businesses and individuals facing financial difficulty within the local marketplace and London.

He has advised clients across a number of sectors from retail to more diverse trading sectors in the leisure, fitness, design, pharmaceutical and chemical industries.

Jo Rolls heads up the Croydon office. She began her career in a general accountancy practice, moving into insolvency and recovery in 1991. Rolls qualified as an insolvency practitioner in 1997 and has subsequently worked across a number of industries, including manufacturing, retail, motor, distribution and care homes, providing advice and workable solutions to both companies and individuals.

Carl Jackson, National Head of Tenon Recovery, said: “These two new offices demonstrate our commitment to key local business communities. We pride ourselves in providing a quality, national service delivered locally by empowered people like Nick and Jo who know their market. The current economic climate will challenge both businesses and consumers and we need to be accessible to provide them with the necessary support."