Administration Orders are becoming something of the past with many company directors now preferring to appoint administrators themselves without the assistance of a legal framework. Nonetheless, an administration order can still be greatly beneficial step in the right direction to get your business back on track, giving you time to negotiate with your creditors and if you do want to close down your business and escape the personal difficulties and hardship that comes with running a company, then an administration order can help you effectively end operations.
Over our years of operation McTear Williams & Wood has assisted with numerous applications to Court for Administration Orders in various industries with a focus on achieving the best outcomes for our clients. If you are thinking about whether or not an administration order is right for your company visit one of our experts in our London office to find out all the information.
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 London 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