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Administration

What is administration?

Administration is a very powerful process for gaining control when a company has serious cashflow problems, is insolvent and facing serious threats from creditors. The Court may appoint a licensed insolvency practitioner as administrator. This places a moratorium around the company and stops all legal actions.

The administration must have a purpose and the Government encourages the use of company rescue mechanisms after administration.

Please see below all our guides to administration to learn more. We have been putting these together over 20 years.   Or call us on 08009700539 Out of hours you can call Keith Steven on 07833 240747.

 

Watch our video about administration

 

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