Many businesses in the UK suffer from some kind of financial distress during their lifespan. Changes in the market, problems with customers and key staff displacement are all factors that can catch directors off guard and cause the company to become financially unsettled. A company administration conducted by an insolvency practitioner could be the ideal next step you need to buy you vital restructuring time to move the business on. Liaise with your creditors and start to consider how your company could compete going forwards.
At McTear Williams & Wood we have supported many companies through the administration process. Key to our success has been our experience in this area with a proven track record of helping directors achieve the optimal outcome in the face of adversity.
Why not set up an initial consultation appointment to discuss your company administration at offices near King’s Lynn. You can meet with our senior advisors who will be happy to give you our best advice relating to your next course of action.
If you think a company administration is right for you meet one of our experts at offices near King's Lynn 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