
Administration
If you would like to talk to us in person about administration please call us on 0800 804 7447 to book a free confidential Consultation.
You can also fill in our enquiry form and we'll get back to you.
Or read on.......
Administration protects your company from Creditors taking action against it and provides breathing space to assess options available to your business. Administrators of the Company can continue to trade the business, potentially protecting employees' jobs, whilst looking for buyers or investors.
In the right circumstances, it is quick and easy to appoint Administrators and this gives the best chance of saving the company in some shape or form. There are many examples of when Administration may be more appropriate than liquidation. For example, if a certain part of your business is loss making, but the rest of it is profitable, the Administrators can assist with the re-organisation of the loss making parts to leave a profitable business.
You may also have heard the terms "pre-pack" in connection with Administrations, either in the Press or on television. Pre-pack Administrations have been well publicised of late and are subject to much public scrutiny. As a result, Pre-packs are only available to companies in certain situations.
Why not give us a call for a free chat to see if a Prepack may be a viable way forward for your Company. Call us on 0800 804 7447 or fill in our enquiry form and we'll get back to you.
Newcastle
Bulman House . Regent Centre
Gosforth . Newcastle upon Tyne
NE3 3LS
Tel 0191 285 0321
Fax 0191 284 9117
DX 60368
Northumberland
10 Manchester Street
Morpeth . Northumberland.
NE61 1BH
Tel 01670 513106
Fax 01670 504064
DX 62514
Tees Valley
Medway House . Fudan Way
Teesdale Park . Stockton on Tees
TS17 6EN
Tel 01642 676888
Fax 01642 605866
DX Stockton on Tees 10 723019


