When might administration be the right option?

Company administration may be considered where a business is under pressure from creditors but still has value that can be protected.

This could include situations where there are viable parts of the business, valuable assets, employees or contracts that could be preserved or sold.

An administrator is appointed to take control of the company and act in the interests of creditors, with the aim of achieving the best possible outcome.

Need advice on company administration?

If your company is under pressure and you are unsure whether administration or liquidation is the right route, it is important to take advice early.

Guide to Administration

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