Get more information on a company administration in Bury St Edmunds 

Use this official measure to secure the time and space to restructure your business – and regain profitability.  McTear Williams & Wood can support your company through every step of this process.  Call now on 0800 331 7417

If you are struggling to meet your financial responsibilities – whether this is from external market forces or unforeseen circumstances it can be difficult to return to calmer waters.  A company administration from McTear Williams & Wood could give you the break to steady to the ship. 

A company administration will give you some much needed time to explore all the options available to you, from liquidating the company through an insolvency process through to restructuring the business to shed debt and start anew.  With a proven track record of giving companies the right advice, information and guidance we have helped many clients successfully negotiate a company administration – achieving a positive outcome from this difficult process. 

Find out more about your options for a company administration and contact our team based near Bury St Edmunds and we will be able to help you understand the optimal course of action.  All our appointments are handled in the strictest confidence and we are able to meet at a time that suits you.

Why implement a company administration?

  • Prevents further legal action - going into administration prevents your creditors from issuing a winding up petition and attempting to completely close down your business.
  • Better realisation of assets – an administration can often achieve a better 'realisation of assets' and ultimately a better result than liquidation.
  • Trade through your difficulties - an administration can buy you vital time to continue, protecting a business from its creditors and meeting the needs of your customers whilst the business is restructured.

Act now for the best result

If you think a company administration is right for you meet one of our experts near Bury St Edmunds to confirm whether this is the best option for your business. Through prompt action you may be able to salvage more value, some more jobs and get yourself in a position to successfully buy back the business and assets so you can trade in a new incarnation.  Call McTear Williams & Wood for a free consultation appointment now on 0800 331 7417