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  • We put Plymouth Albion Rugby Club into Administration and sold it as a pre-pack in April 2016 rescuing the club
  • We put South Molton Recycling Ltd into Administration in June 2015 and sold it as a pre-pack to Coastal Waste
  • We dealt with the chain of shops Gerald David and Son Butchers and sold that as a pre-pack to new owners

Administration

An Administration is a formal insolvency procedure for Limited Companies and partnerships in the UK. This website focuses on Administration procedures for Limited Companies.

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Pre-Pack Admins

An Administration is a formal insolvency procedure for Limited Companies and partnerships in the UK. This website focuses on Administration procedures for Limited Companies.

Read More

Alternatives

There are several alternatives to administration. Navigate our website to read details on liquidation, CVAs, dissolution, and more. To discuss your options with our experts, please:

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Welcome to administration.co.uk


Administration is a procedure whereby a licensed insolvency practitioner is formally appointed administrator by the court over a company (or partnership) with a view to achieving one or more of three statutory objectives:

  • Rescuing the company as a going concern.
  • Getting a better result for the company’s creditors than they would have received had the company entered liquidation first.
  • Realising the company’s assets in order to pay a secured or preferential creditor.

An Administration Order can be applied for by the directors (with the consent of the chosen insolvency practitioner) and be in place in a matter of hours and it will protect the company from any creditors or legal action. We help you do all the paperwork for this and can act as the administrators as we are licensed insolvency practitioners.

Typically administration is used to keep a company trading for a short period whilst an attempt is made to sell all or part of it to new owners. The new owners may in fact be the old owners or the old management of a business.

The administrator of a company is usually chosen by the directors. However they can also be selected by the company’s bank (if the bank holds a debenture over the company) from what the bank call one of their panel insolvency practitioners. The banks only tend to do this for larger levels of debt.

In the period of administration (which can last from one day up to a year) we usually trade the business and will keep on a number of the key staff if not all of them and the directors to help keep the business going. However in some cases we may sell the business right away to a new owner in a pre-packaged sale or just be helping close down the business on a more organised basis.

If you have any questions about administration or insolvency not answered by this site please do get in touch with us.


Our Specialisms

Administration
An Administration is a formal insolvency procedure for Limited Companies and partnerships in the UK.
Pre-pack Admin
Pre-Pack Administration is where a company is put into Administration and its business and assets are sold immediately after the administrator is formally appointed by the Court.
Liquidation
Liquidation is one of the most common insolvency procedures used when a UK Limited company is in terminal decline with no prospect of rescue.
CVAs
A CVA is a formal insolvency procedure for a Limited Company in the UK where Directors get to retain control of the Company.
Dissolution
If Directors take no steps to mitigate the company's insolvency status then Companies House could eventually apply to dissolve the Company.
Employees
Dealing with creditors is a key aspect of handling the administration process.
Other Issues
Read our guidance on a wide range of business issues.
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Our team of friendly experts are ready to guide you through your business challenges.