It is not as common as it once was to see an administration order. Today most company directors appoint administrators outside the court’s jurisdiction. However it can still be a very important step in a company’s life cycle, delivering time to negotiate with creditors and breathing space to get your company back on track. Also an administration order could be an effective way to close down your company and escape the personal worry and difficulties created by running your own business.
Over the years McTear Williams & Wood has been involved in helping a number of companies make applications to court for Administration Orders in a variety of different business sectors and we have always achieved the best results for our clients.
Want to know more? Discuss what an administration order could mean to your company from our office near Colchester where you can speak to one of our experts who will give you all the information you need to know.
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 1 or 2 hour appointment with one of our expert advisors in Colchester 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