Testimonials
"The most important thing about Ruth's approach is she is professional, not pompous. She is sympathetic to clients who have problems, listening and finding solutions."
"Ruth and her team helped me through a difficult time in a caring and supportive way. I know I can always go to Ruth for advice and guidance which will be given impartially and fairly for all parties concerned. This is very much an open, clear and professional relationship which I appreciate."
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Administration and Pre-pack
Administration
Not a remedy in itself, administration temporarily ring-fences a company to give it time to fix its financial problems. Administration stops creditors seizing goods or taking legal action. If cash problems are temporary, the ring-fence can be lifted. Some companies exit administration by a Company Voluntary Arrangement (CVA) or Creditors' Voluntary Liquidation (CVL) . Administration can also help an insolvency practitioner realise assets in an orderly manner where a business is going to cease.
Pre-pack Administration
A pre-pack administration is where the business is arranged to be sold at a proper market value immediately on administration to ensure continuity of trading. Although sometimes subject to ill-founded criticism, done properly, pre-pack administrations are proven to be the best outcome for all stakeholders. We provide professional advice and services regarding pre-pack administration.
If you require any administration or pre pack administration advice, information or assistance, please contact us.