Administration orders are quite rare these days with most administrators being appointed “out of Court” by the company directors – see our company administrations page. Nevertheless it can be a life-saving step for a company, buying vital time to communicate with creditors and get your business back on track. Also you can escape the worry and personal hardship of running a business.
McTear Williams & Wood has been involved with numerous applications to Court for administration orders in different sectors, always working to get the best results for our clients. Operating directly in your local area we are ideally placed to help you decide whether an administration order is right for your company from our Norwich office.
From working towards a fast sale to ensure the maximum possible value of the company’s assets to selling the business and assets to a third party or the directors, we always work with you helping out at every step of your journey.
If you are thinking of making an application to Court for an Administration Order, why not contact one of our team? You may have more options available to you than you previously imagined, allowing you to avoid personal liability, deal properly with creditors and continue trading.
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 Norwich 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