Administration

Administration is one rescue option available to a company facing insolvency. The appointment of an Administrator (who must be a licensed insolvency practitioner) can be made quickly thus protecting company against action being taken by its creditors.
The objectives of the Administrator must be:
  • Rescuing the company as a going concern
  • Achieving a better result for the company’s creditors as a whole than would be likely if the company were wound up
  • Realising property in order to make a distribution to one or more secured or preferential creditors

We will always take the time necessary to understand the particular issues facing you and your business. At all times, our primary focus is to rescue businesses and save jobs for the benefit of all stakeholders in the business.

Our general practice experience within the SME marketplace provides us with a full understanding of the stresses and difficulties in running a small business. We recognise that taking advice as early as possible is crucial to ensure that as many options as possible are available to you.

We are able to provide a highly personalised, compassionate and value-for-money service to all clients. Our work is partner-led so that you receive a high level of expertise and experience at all times. Once we fully understand the problem, we offer practical and constructive advice which is specific to your situation. We will explain the options available to you, answer any questions you may have and work with you to provide a tailored solution.

We offer a free initial consultation (on a confidential basis) to fully understand your specific circumstances. Please contact us on 020 7523 5322 or e-mail info@best4business.com