If you thinking of putting your company into administration, you’ve come to the right place. We can handle all aspects of company administration to make the process as straightforward as possible.
As a Leeds-based business, you can be safe in the knowledge that your company administration will be dealt with by award-winning insolvency experts who specialise in dealing with all types of insolvency situations, including company administration.
Company administration is a formal insolvency procedure that enables an administrator to be appointed to oversee a company that is facing insolvency – in other words, a company that cannot pay its bills. Whether the company owes money to suppliers, employees, business rates, a landlord, or even the tax man, an administration provides protection for the company whilst the best route forward is agreed. This could be a sale of the business as a going concern, or a closure and sale of the assets, or the company can continue to trade whilst the best way forward is decided.
By appointing an administrator, the directors of a company are discharging their duty to limit any losses to creditors and by taking professional advice from award-winning licensed experts, you can be certain that you will receive the right advice for your, tailored to your circumstances. Every situation is different and we can help you to explore all the options to ensure that you can make an informed decision about the right way forward for your company.
Are you a company in Leeds looking for a ‘pre-pack’ administration? We have helped many companies through this type of company administration as well. We specialise in practical, ethical and professional advice and we can act quickly to deal with difficult and urgent situations.
To find out how a company administration can help your company, call our Leeds office today on 0113 834 6657 to arrange a free, no-obligation and confidential meeting.