Administration
This is a process for insolvent companies facing serious threats from creditors. It is used to trade out of a difficult period or while a buyer is found for the company or business. The process is relatively straightforward and will protect your company from pressing creditors, including HMRC.
A Licensed Insolvency Practitioner is appointed as Administrator, who places a moratorium around the company and stops all legal actions. This is a very powerful process where the company has a very aggressive creditor or creditors and needs to protect itself from them whilst a rescue plan can be worked out.
We work in association with trusted Licensed Insolvency Practitioners ('IP's) to undertake this process.
We will work with the IP to be able to give you a fixed quote over the phone or we are happy to arrange a meeting at your convenience. We will discuss the advantages, disadvantages and risks associated with this process and advise whether it is the right solution for the company.
Call us now on 07876 478319 for a free consultation.
Saluja Insolvency Solutions is authorised and regulated by the Financial Conduct Authority.
Credit Consumer Licence No: 677004
Credit Consumer Licence No: 677004
