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What is Administration?
An Administration is an effective restructuring process, often used to rescue a business and return it to profitability.
How does Administration work?
Administration is a quick and efficient process that helps directors restructure their business. Directors and creditors have the power to place a company into administration. We can help directors rescue their business, protect jobs, preserve business value, and be free from unsustainable creditor pressure.
The Administration process is particularly useful when there is serious creditor pressure or Directors feel they have nowhere left to turn, as the legal framework and status given to a company in Administration instantly takes that pressure away while we work with you to achieve the best outcome.
