Administration and Pre-pack

Administration

Not a remedy in itself, administration temporarily ring-fences a company to give it time to fix its financial problems. Administration stops creditors seizing goods or taking legal action. If cash problems are temporary, the ring-fence can be lifted. Some companies exit administration by a Company Voluntary Arrangement (CVA) or Creditors’ Voluntary Liquidation (CVL) . Administration can also help an insolvency practitioner realise assets in an orderly manner where a business is going to cease.

Pre-pack Administration

A pre-pack administration is where the business is arranged to be sold at a proper market value immediately on administration to ensure continuity of trading. Although sometimes subject to ill-founded criticism, done properly, pre-pack administrations are proven to be the best outcome for all stakeholders. We provide professional advice and services regarding pre-pack administration.

If you require any administration or pre pack administration advice, information or assistance, please contact us.

Working with you

We will work with you to explore your situation in detail and provide clear, jargon-free, honest advice. Rest assured, anything discussed with us remains confidential.

All initial consultations are free of charge and without obligation.

When you need help

Call Ruth on 01622 764 612
Call Ruth on 020 7253 7171

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Find solutions to resolve your debt issues
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Treat everything you share with us in confidence
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Testimonials

"Ruth and her team helped me through a difficult time in a caring and supportive way. I know I can always go to Ruth for advice and guidance which will be given impartially and fairly for all parties concerned. This is very much an open, clear and professional relationship which I appreciate."

Mr B IVA

"I found Ruth and her team to be patient and approachable as they were always at the other end of the phone to answer any questions that we may have thereby providing us with comforting assurances as much as possible. They were also frank and candid in telling us where they did not have an answer."

Mr L Company Director

"The most important thing about Ruth's approach is she is professional, not pompous. She is sympathetic to clients who have problems, listening and finding solutions..."

Mr M. Referring Accountant

"I would like to re-iterate my thanks to Ruth and her staff for putting my finances back on track, so efficiently and effectively. As a now retired person, I hesitate to imagine my financial outlook had you not successfully orchestrated my IVA."

Mr S

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