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Administration

An Insolvent Administration Order

The Insolvency Act 1986 introduced, for the first time, this legal process to protect a struggling company. It applies to companies with some hope of recovery and protects them from its creditors, whilst a restructuring plan is formulated.

The administration process was significantly changed with the introduction of the Enterprise Act 2002, which allowed easier access to this process for companies in financial or other difficulties

Company administration may be sought by a company, its directors and/or partners, or by one of its creditors. Or by the holder of a qualifying fixed and floating charge over the company’s assets (like a Bank for example).

We will advise impartially, in confidence and free of charge on administration and insolvent admin orders.

Act now and get professional advice for free from 4Squared.

4Squared Southwest
1 Emperor Way,
Exeter Business Park,
Exeter,
Devon, EX1 3QS
Head Office Telephone: 01392 314092
Head Office Fax: 01392 314001

Email: info@4squaredsw.co.uk