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Administration
Get in touchWe specialise in assisting an insolvent company be rescued as a going concern or facilitate a sale of its business and assets, while offering protection from creditors.
Our Licensed Insolvency Practitioners frequently act as Administrators across a variety of sectors and will look to explore:
- Rescuing the company as a going concern, this is normally completed by way of a company voluntary arrangement.
- Continuing to trade the business under their control, whilst preparing for a sale of all or part of the business.
- Completing a sale of the business that was agreed in advance (for further information, please see pre-pack Administration sale).
- An orderly shutdown – sometimes the directors of a company will appoint Administrators to take control of the Company immediately. This is often where there is increasing creditor pressure and Administrators are appointed to safeguard assets.