Many businesses undergo difficulties at some point during their lifetime. Often increased liabilities can bring a huge degree of pressure and you may find yourself issued with an Administration Order. Understandably this can be a very troubling time than can unsettle even the most resolute director. However, if you act in a timely fashion you may have more options than you realise.
One falsely held belief is that an Administration Order spells the end for your business. In fact there is a period of time that company directors can use to seek professional advice, contact creditors, work with investors and shareholders and even seek emergency finance. All of these activities can work together to stop your business from going into administration.
McTear Williams & Wood has worked with many companies that have been issued with administration orders. Through our knowledge of business recovery and restructuring we have helped hundreds of companies get back on track and return to profitability in a matter of months.
Find out more about your options with a one to two hour consultation to discuss you administration order at our Southampton offices. You’ll meet with one of our senior advisors who’ll be able to take you through all the possible scenarios – allowing you to make an informed decision about your future.
Other services available in your area:
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Insolvency Practitioners in Southampton
Liquidation in Southampton
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