Company Administration in London

Even if your business situation seems terminal, a company administration could help you back to full health. Want to know more about your available options? Call now on 0800 331 7417

When your business is struggling it can be tough to know which way to turn. With the pressure of creditors building up and detracting from your time and focus on operations, what’s the best move to make? A company administration could be the right step for you, giving you space to make the appropriate arrangements to get you back to success.

At McTear Williams & Wood, our team of business experts can give you the best advice regarding a company administration from our London office. With a lifetime’s experience servicing clients in a number of sectors, we can quickly tell you if this is the right course of action for you. No one wants to admit their business is in trouble. But when communication is so fraught and challenging you no longer know where to turn for assistance, administration could well be the next most sensible option for your business.

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 in London 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