Fast Growing CVS Appoints New Rating Managing Director

CVS, the UK’s largest business rates specialist, has appointed Stephen Philp as Rating Managing Director. The new role has been created to support CVS’ on-going expansion – Stephen Philp will now lead the firm’s surveyors who are working with our ever growing client base.

Since it was established in 1999, CVS has saved over £300 million for its clients by conducting successful business rates appeals. The firm’s expertise in winning appeals and reducing rates bills for clients has seen the business significantly grow its client base: on the previous rating lists CVS acted on behalf of 36,000 clients and this is set to grow to over 60,000 clients by the end of the current 2010 list. On successful appeals, the business typically saves its clients approximately 9% on their business rates bills. This is an outstanding result given that business rates are often the third largest outgoing for businesses.

Stephen Philp’s appointment to Rating Managing Director is part of CVS’ plan to strengthen its leadership team to ensure it is best placed to capture new opportunities for the business.

Mark Rigby, Chief Executive of CVS, says: “UK businesses are continuing to face a challenging environment and, because of the year on year increase in business rates bills, we are seeing a strong appetite for CVS’ services. We’ve now saved our clients over £300 million since the firm was set up a little over a decade ago and have taken this exciting step in appointing Stephen to help us to continue delivering market-leading reductions. Stephen has over 40 years of rating and team leadership experience and we are confident that his appointment will enable CVS to continue improving the quality and effectiveness of our service for our clients.”

As the Rating Managing Director, Stephen will work with CVS’s team of Regional Directors in leading, managing, and further developing the firm’s eight surveying regions which provides its national market coverage.

Stephen Philp joined CVS in April 2012 as the Midlands Regional Director. He has successfully managed this team and now takes on responsibility for managing all eight regions. At the same time, he steps up to join CVS’s Executive Management Team, led by Mark Rigby, and he also joins the Executive Board.

CVS currently employs more than 260 staff across its Bristol, London and Manchester offices. The firm acts for occupiers across all commercial property sectors and its clients include Patisserie Valerie, Ascot Racecourse, Go Ape, La Tasca, DKNY, Fujitsu, Incisive Media and Aston Martin.