If your company is insolvent or close to insolvency, you have the choice of putting it into Administration. The process gives you time and space to achieve one of the following -
Administration is also an option for partnerships. Read more about Partnership Administration.
We begin by advising you and your fellow directors as to whether administration is a viable option. We’ll act as administrators and, with solicitors, arrange to place your company into administration.
We’ll then act as the Administrator, giving your company protection against creditors.
Within eight weeks of our appointment, we send our proposals to the creditors. They, in turn, will choose to approve, modify, or reject these proposals.
In one of the following ways
What is a Company Voluntary Arrangement (CVA) This happens if your company becomes insolvent and you come to an arrangement with your creditors to delay ... more
One of the major aspects of any insolvency is what will happen to the employees. Any news story in relation to an insolvency will focus on ‘how many ... more
Find out more about how we can support you when times are tough. We’re here to help with clear, straightforward support.
Call us on 0116 2325117 (Leicester) or 01926 671891 (Warwick), or email us on email@example.com