Even though administration orders are not as common as they once were, with companies choosing to appoint administrators outside of the court process, they can be an important step on the pathway back to business profitability. The process of administration can give you vital time to communicate with creditors and arrange additional finance.
McTear Williams & Wood has worked with a number of companies over the years making applications to Court for administration orders and we always strive to get the best results for our clients. Working directly in your vicinity why not visit our Cambridge office to discuss whether or not an administration order is the right mover for your company.
There may be a considerable amount of value left in your business however in an insolvency this will depreciate rapidly in a short period of time.
An initial one or two hour appointment with one of our expert advisors in Cambridge will detail all the options available to your company and help you understand the ideal course of action which may include an Administration Order. By delaying some of the options will cease to be available to you and your range of choices will become narrower. To book your appointment with McTear Williams & Wood call us on 0800 331 7417