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Company Administration

If a company is insolvent and under immediate threat of action from one or more creditors, the company can be placed into administration in order to gain immediate protection. Once the company is in administration, no further legal action can taken by creditors.

If you need help with your administration please contact us using our online form or alternatively you can call us now on 0844 704 8907.

The Process of Company Administration

Upon the appointment, the administrator must look to achieve one of the following objectives:

  • Rescuing the company as a going concern;
  • Achieving a better result for the company's creditors as a whole than would be likely if the company were wound up (without first being in company administration)
  • Realising property in order to make a distribution to one or more secured or preferential creditors

The administrator can do this using one or more of the following options:

  • Continue to trade the company whilst negotiating a sale of the business as a whole or in part
  • Continue to trade the company whilst presenting proposals for a Company Voluntary Arrangement
  • Immediate sale of the business as a whole (also known as a Pre-Packaged Administration – see below)
  • Termination of trade and sale of the company's assets

PrePack Administration

Prepack administration occurs when a proposed administrator agrees a sale of the company's assets as a whole prior to appointment and subsequently completes the sale immediately upon appointment.

Prepack administration can often be the most appropriate course of action where any interruption to trade would result in significant reduction of a company's asset values, particularly items such as goodwill and work in progress which depend on continuous client service.

If you require honest advice on administration please do not hesitate to get in touch with us today.  You can either fill out our online contact form or call us now on 0844 704 8907.  We look forward to hearing from you.

 

 


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Strict Standards: Non-static method PermissionsCache::getIdentifier() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/models/permissions.php on line 52

Strict Standards: Non-static method View::getInstance() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/models/page.php on line 128

Strict Standards: Non-static method Loader::controller() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/libraries/block_view.php on line 197

Strict Standards: Non-static method Loader::db() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/libraries/block_view.php on line 28

Strict Standards: Non-static method Loader::helper() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/libraries/controller.php on line 47

Strict Standards: Non-static method Object::camelcase() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/libraries/loader.php on line 259

Strict Standards: Non-static method Loader::db() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/models/block.php on line 557

Strict Standards: Non-static method Loader::helper() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/blocks/external_form/forms/professionals.php on line 1

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Strict Standards: Non-static method View::getInstance() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/models/page.php on line 128

Strict Standards: Non-static method PermissionsCache::exists() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/models/permissions.php on line 212

Strict Standards: Non-static method PermissionsCache::getIdentifier() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/models/permissions.php on line 15

Strict Standards: Non-static method PermissionsProxy::get() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/models/permissions.php on line 218

Strict Standards: Non-static method PermissionsCache::exists() should not be called statically in /homepages/4/d178545108/htdocs/becorporate/concrete/models/permissions.php on line 69

Strict Standards: Non-static method PermissionsCache::getIdentifier() should not be called statically in /homepages/4/d178545108/htdocs/becorporate/concrete/models/permissions.php on line 15

Strict Standards: Non-static method PermissionsCache::getObject() should not be called statically in /homepages/4/d178545108/htdocs/becorporate/concrete/models/permissions.php on line 70

Strict Standards: Non-static method PermissionsCache::getIdentifier() should not be called statically in /homepages/4/d178545108/htdocs/becorporate/concrete/models/permissions.php on line 45

Strict Standards: Non-static method PermissionsCache::add() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/models/permissions.php on line 221

Strict Standards: Non-static method PermissionsCache::getIdentifier() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/models/permissions.php on line 52

Strict Standards: Non-static method View::getInstance() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/models/page.php on line 128

Strict Standards: Non-static method Cache::get() should not be called statically in /homepages/4/d178545108/htdocs/becorporate/concrete/models/package.php on line 52

Strict Standards: Non-static method Cache::key() should not be called statically in /homepages/4/d178545108/htdocs/becorporate/concrete/libraries/cache.php on line 117

Strict Standards: Non-static method Cache::key() should not be called statically in /homepages/4/d178545108/htdocs/becorporate/concrete/libraries/cache.php on line 118

Strict Standards: Non-static method Loader::controller() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/libraries/block_view.php on line 197

Strict Standards: Non-static method Cache::get() should not be called statically in /homepages/4/d178545108/htdocs/becorporate/concrete/models/package.php on line 52

Strict Standards: Non-static method Cache::key() should not be called statically in /homepages/4/d178545108/htdocs/becorporate/concrete/libraries/cache.php on line 117

Strict Standards: Non-static method Cache::key() should not be called statically in /homepages/4/d178545108/htdocs/becorporate/concrete/libraries/cache.php on line 118

Strict Standards: Non-static method Cache::get() should not be called statically in /homepages/4/d178545108/htdocs/becorporate/concrete/models/package.php on line 52

Strict Standards: Non-static method Cache::key() should not be called statically in /homepages/4/d178545108/htdocs/becorporate/concrete/libraries/cache.php on line 117

Strict Standards: Non-static method Cache::key() should not be called statically in /homepages/4/d178545108/htdocs/becorporate/concrete/libraries/cache.php on line 118

Strict Standards: Non-static method Loader::db() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/libraries/block_view.php on line 28

Strict Standards: Non-static method Loader::helper() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/libraries/controller.php on line 47

Strict Standards: Non-static method Object::camelcase() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/libraries/loader.php on line 259

Strict Standards: Non-static method Cache::get() should not be called statically in /homepages/4/d178545108/htdocs/becorporate/concrete/models/package.php on line 52

Strict Standards: Non-static method Cache::key() should not be called statically in /homepages/4/d178545108/htdocs/becorporate/concrete/libraries/cache.php on line 117

Strict Standards: Non-static method Cache::key() should not be called statically in /homepages/4/d178545108/htdocs/becorporate/concrete/libraries/cache.php on line 118

Strict Standards: Non-static method Cache::get() should not be called statically in /homepages/4/d178545108/htdocs/becorporate/concrete/models/package.php on line 52

Strict Standards: Non-static method Cache::key() should not be called statically in /homepages/4/d178545108/htdocs/becorporate/concrete/libraries/cache.php on line 117

Strict Standards: Non-static method Cache::key() should not be called statically in /homepages/4/d178545108/htdocs/becorporate/concrete/libraries/cache.php on line 118

Strict Standards: Non-static method Cache::get() should not be called statically in /homepages/4/d178545108/htdocs/becorporate/concrete/models/package.php on line 52

Strict Standards: Non-static method Cache::key() should not be called statically in /homepages/4/d178545108/htdocs/becorporate/concrete/libraries/cache.php on line 117

Strict Standards: Non-static method Cache::key() should not be called statically in /homepages/4/d178545108/htdocs/becorporate/concrete/libraries/cache.php on line 118

Strict Standards: Non-static method Cache::get() should not be called statically in /homepages/4/d178545108/htdocs/becorporate/concrete/models/package.php on line 52

Strict Standards: Non-static method Cache::key() should not be called statically in /homepages/4/d178545108/htdocs/becorporate/concrete/libraries/cache.php on line 117

Strict Standards: Non-static method Cache::key() should not be called statically in /homepages/4/d178545108/htdocs/becorporate/concrete/libraries/cache.php on line 118

Strict Standards: Non-static method Loader::db() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/models/block.php on line 557

Strict Standards: Non-static method Loader::db() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/packages/icom_image/blocks/icom_image/controller.php on line 74

Strict Standards: Non-static method File::getByID() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/packages/icom_image/blocks/icom_image/controller.php on line 38

Strict Standards: Non-static method Cache::get() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/models/file.php on line 17

Strict Standards: Non-static method Cache::key() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/libraries/cache.php on line 117

Strict Standards: Non-static method Cache::getLibrary() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/libraries/cache.php on line 121

Strict Standards: Non-static method Cache::key() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/libraries/cache.php on line 137

Strict Standards: Non-static method Loader::model() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/models/file.php on line 22

Strict Standards: Non-static method Loader::db() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/models/file.php on line 23

Strict Standards: Non-static method Cache::set() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/models/file.php on line 30

Strict Standards: Non-static method Cache::key() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/libraries/cache.php on line 101

Strict Standards: Non-static method Cache::getLibrary() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/libraries/cache.php on line 103

Strict Standards: Non-static method Cache::key() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/libraries/cache.php on line 107

Strict Standards: Non-static method Cache::get() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/models/file.php on line 472

Strict Standards: Non-static method Cache::key() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/libraries/cache.php on line 117

Strict Standards: Non-static method Cache::getLibrary() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/libraries/cache.php on line 121

Strict Standards: Non-static method Cache::key() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/libraries/cache.php on line 137

Strict Standards: Non-static method Loader::db() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/models/file.php on line 477

Strict Standards: Non-static method Loader::model() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/models/file_version.php on line 80

Strict Standards: Non-static method FileAttributeKey::getAttributes() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/models/file_version.php on line 81

Strict Standards: Non-static method Loader::db() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/models/attribute/categories/file.php on line 35

Strict Standards: Non-static method Cache::get() should not be called statically in /homepages/4/d178545108/htdocs/becorporate/concrete/models/attribute/categories/file.php on line 57

Strict Standards: Non-static method Cache::key() should not be called statically in /homepages/4/d178545108/htdocs/becorporate/concrete/libraries/cache.php on line 117

Strict Standards: Non-static method Cache::key() should not be called statically in /homepages/4/d178545108/htdocs/becorporate/concrete/libraries/cache.php on line 118

Strict Standards: Non-static method Loader::db() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/models/attribute/value.php on line 61

Strict Standards: Non-static method Loader::db() should not be called statically in /homepages/4/d178545108/htdocs/becorporate/concrete/models/attribute/type.php on line 11

Strict Standards: Non-static method Loader::helper() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/models/attribute/type.php on line 194

Strict Standards: Non-static method Object::camelcase() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/helpers/text.php on line 181

Strict Standards: Non-static method Loader::helper() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/libraries/controller.php on line 47

Strict Standards: Non-static method Object::camelcase() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/libraries/loader.php on line 259

Strict Standards: Non-static method Loader::db() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/models/attribute/types/number/controller.php on line 9

Strict Standards: Non-static method Cache::get() should not be called statically in /homepages/4/d178545108/htdocs/becorporate/concrete/models/attribute/categories/file.php on line 57

Strict Standards: Non-static method Cache::key() should not be called statically in /homepages/4/d178545108/htdocs/becorporate/concrete/libraries/cache.php on line 117

Strict Standards: Non-static method Cache::key() should not be called statically in /homepages/4/d178545108/htdocs/becorporate/concrete/libraries/cache.php on line 118

Strict Standards: Non-static method Loader::db() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/models/attribute/value.php on line 61

Strict Standards: Non-static method Loader::db() should not be called statically in /homepages/4/d178545108/htdocs/becorporate/concrete/models/attribute/type.php on line 11

Strict Standards: Non-static method Loader::helper() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/models/attribute/type.php on line 194

Strict Standards: Non-static method Object::camelcase() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/helpers/text.php on line 181

Strict Standards: Non-static method Loader::helper() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/libraries/controller.php on line 47

Strict Standards: Non-static method Object::camelcase() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/libraries/loader.php on line 259

Strict Standards: Non-static method Loader::db() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/models/attribute/types/number/controller.php on line 9

Strict Standards: Non-static method Cache::set() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/models/file.php on line 486

Strict Standards: Non-static method Cache::key() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/libraries/cache.php on line 101

Strict Standards: Non-static method Cache::getLibrary() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/libraries/cache.php on line 103

Strict Standards: Non-static method Cache::key() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/libraries/cache.php on line 107

Strict Standards: Non-static method Loader::helper() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/models/file_version.php on line 344

Strict Standards: Non-static method Cache::get() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/models/file.php on line 472

Strict Standards: Non-static method Cache::key() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/libraries/cache.php on line 117

Strict Standards: Non-static method Cache::key() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/libraries/cache.php on line 118

Strict Standards: Non-static method Loader::helper() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/models/file_version.php on line 376

Strict Standards: Non-static method Loader::helper() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/helpers/concrete/file.php on line 53

Strict Standards: Non-static method Object::camelcase() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/libraries/loader.php on line 259

Strict Standards: Non-static method View::getInstance() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/models/page.php on line 128

Strict Standards: Non-static method Loader::element() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/libraries/block_view.php on line 57

Strict Standards: Non-static method Loader::db() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/models/collection.php on line 415

Strict Standards: Non-static method View::getInstance() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/concrete/models/page.php on line 128

Strict Standards: Non-static method Loader::helper() should not be called statically, assuming $this from incompatible context in /homepages/4/d178545108/htdocs/becorporate/themes/baines/elements/footer.php on line 2