Administration

If your business is failing but can be sold as a going concern at a premium or can benefit from continuing to trade to complete contracts and work in progress administration may be appropriate. Administration is a legal process designed to help struggling but potentially viable companies by protecting a business from its creditors whilst restructuring takes place... Read more

Click on the articles below for administration case studies.

Trading

The extent of the HMRC arrears at the company caused the invoice discounting company to pull back its facility. The CID company was pressing to approach a “big 4” accountancy firm as administrators who had already... Read more

Pre-pack

A downturn in the housing and construction sectors had caused difficult trading conditions and poor order books in two divisions which foreshadowed substantial trading losses ahead. The third division, consisting of project management... Read more