An increasing number of business are now choosing to employ administrators and insolvency professionals under their own direction, during business duress making administration orders less prevalent than they have been in previous years. However, if your company is struggling then it is possible you may have been issued with an administration order.
It is possible to use the time window created when operations are suspended due to an administration order to resolve many of the business difficulties. Directors can liaise with creditors and form a clear plan to regain profitability whilst reviewing the different restructuring options.
McTear Williams & Wood has assisted many companies return to profitability following administration orders. This includes helping businesses achieve complete recovery before going on to become strong and successful enterprises once again.
Contact McTear Williams & Wood to discuss your administration order at our offices near King’s Lynn. You can meet with one of our senior advisors who can take you through all your available choices and discuss the best next step for your business.
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 King's Lynn 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