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Company Administration

When a company enters into administration, it is doing so under the intent to rescue the business so that the business avoids insolvency, so that it carries on trading. Here at The Insolvency Experts, we have helped many companies to find the company administration advice that they need in order to choose the ideal financial solution for their current situation.

Four key benefits of company administration that are worth considering are:

  • It gives the administrators (your Insolvency Practitioner) time to devise a rescue strategy
  • The company is protected from creditor action
  • It minimises the possibility of legal action against the directors personally
  • It endeavours to escape insolvency

The wealth of legal and financial qualification across our team ensures that we operate within all of the required legal guidelines while providing cost-effective and timely guidance. Our personable financial experts ensure you are given helpful and relatable advice that keeps you up-to-speed throughout the process. We offer peace of mind at a stressful moment through working to find a financial outcome that satisfies creditors, the government, shareholders and directors whenever possible.

We understand that many companies find themselves insolvent through no fault of the directors, so if circumstances have brought on financial difficulties, we help our clients to find a workable financial solution. If you want to discuss our available insolvency practitioners Bolton services, get in touch with us today. We act on behalf of our clients to find the best possible solution to their current financial difficulties.

Our expert financial staff are available to discuss options surrounding Liquidation, Administration and a range of other services we provide, with this advice offered through a free initial consultation. Additionally, if you are seeking an estimate on the price of a Liquidation process for your company, you can make use of our free quote calculator.

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3 Key Questions on Company Administration

What is the purpose of a company administration?

A company administration has a clear focus in terms of the desired aims. An administration is often entered into when a business has increasing debts, with no resolution presenting itself, and the directors are currently struggling to keep the business going in its current state. It’s a very stressful time for directors, who often feel guilty for the situation of the business. An administration offers them hope that the business could not only survive but can even be made profitable again, so finding the right company administration advice is a great help.

Call our friendly experts on 0300 303 8284

By quickly taking back control we can help you solve the problems that the business has.

What are the legal impacts of entering administration?

A company administration will halt any legal action against the company from creditors, giving the directors time to assess the business and get professional advice from an insolvency practitioner. Many of the clients we deal with at The Insolvency Experts have sought our advice as they have had mounting pressure from HMRC, or trade creditors and our first thought is always administration can we help turn this business around?

How do you find the right help with your administration process?

Given the range of benefits that can come from entering administration at the right point, it really can change the future of your company and give it a chance of coming out the other side of the process stronger. It can also help to protect the financial interests of the company directors, so it is vital to find the right company administration advice to ensure the process is carried out expertly and effectively.

Here at The Insolvency Experts, we have a great deal of experience in helping clients around the UK to complete their company administration in a reliable and timely manner. To speak to our expert team about your current financial situation and the support we may be able to offer, you can phone or email us today.

Company Liquidation Quote

How much will it cost to liquidate your business?

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How we’ve helped others through
rescuing their business

At the Insolvency Experts our sole aim is to rescue, recover and renew businesses that are in difficulty. We are specialists in corporate turnaround and help business overcome cash flow difficulties and other financial problems. Our experts:

  • Help you to take the appropriate steps to meet any impending deadlines
  • Have a long track record in helping companies in similar positions
  • Can help you take the best course of action, often using your assets to help you avoid additional cost

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We helped a struggling Birmingham restaurant from going into administation:

  • Turnover £890K
  • Total Creditors £94K
  • Assets £340K
  • HMRC Overdue £20K
  • Profit Now +£15K

We helped a marketing agency from going into administation:

  • Turnover £700K
  • Total Creditors £120K
  • Assets £20K
  • HMRC Overdue £30K
  • Profit Now +£80K

Creditors’ Guide To Fees

How much will it cost to liquidate your business?

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Why Choose Us?

We understand you have already made every effort to avoid insolvency and day to day life is stressful at the moment. We can start immediately and quickly work with you through the process.

We see many examples of great businesses that have fallen on hard times or suffered through no fault of their own.

We understand that the company directors and shareholders have already tried valiantly to carry on trading, but circumstances dictate that this is no longer possible.

  • We Remove Stress
  • We Act Quickly
  • We Are Cost Effective
  • We Are Formally Accredited
  • We Are CVL Experts
  • We Act Confidentially

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