Take control of your cash flow with company administration
Is your company under financial pressure? Could it benefit from restructuring debts and repairing cash flow?
  • Get FREE confidential advice
  • Licensed turnaround specialists
  • 24/7 director and stakeholder support
  • Administration experts since 1989
30+ years’ experience rescuing businesses in a variety of industries including manufacturing, construction, hospitality & leisure, travel & aviation, automotive, and professional services.
 

Welcome to UK Administrators.org.uk

Welcome to UK Administrators – an extensive team of licensed insolvency practitioners and business turnaround experts. With experience unmatched and expertise unrivalled, you can rest assured that your company’s insolvency situation will be handled by the very best in the UK. Our partner-led teams around the country provide free consultations to all company directors and shareholders and can advise on relatively small administrations up to complex multinational companies and subsidiaries.

jonathan-munnery

Jonathan Munnery
Turnaround Expert

0800 056 0510

We are always transparent with fees and frank in our advice; if administration is right for your company and employees, we can make that judgement based on our broad expertise. If for any reason there’s an alternative insolvency procedure or restructuring process better suited for your needs, we will discuss these from the outset.

What is administration?

Company administration is a formal insolvency procedure that helps businesses to recover from serious financial difficulty. Only licensed insolvency practitioners (IPs) can be appointed as administrators, and on appointment they take control of the company.

A statutory eight-week moratorium period commences when a company goes into administration. This provides relief from creditor pressure and allows the administrator to construct a plan for rescue without the threat of legal action.

Using expert business turnaround strategies, UK Administrators offers a highly effective partner-led service to rescue UK companies in severe financial difficulty. So might you qualify for company administration?

When is company administration an appropriate option?

You need to operate with relatively predictable cash flows to be eligible for company administration, and/or own assets of value that could potentially be sold to generate cash.

If your company is experiencing the following issues, administration may be a viable route:

  • Severe cash flow problems (but you believe the business has the potential to recover)
  • Intensifying creditor pressure, with winding-up being a significant threat
  • Potential for allegations of wrongful trading
  • You need to sell the underlying business assets quickly
  • Minority creditors are applying pressure consistently, even though larger creditors are open to negotiations
  • Creditors are not prepared to negotiate

The importance of obtaining early advice

Seeking advice early on is a crucial aspect in dealing effectively with insolvency, and provides your company with the best chance of survival. Essentially, being proactive in obtaining professional guidance increases the number of options open to you and improves the outlook for all parties.

When a company enters administration the office-holder assesses the company’s position and potential exit routes, but the administrator must be able to achieve one of three specific purposes:

  • Rescue the company as a going concern – if this is not possible:
  • Achieve a more favourable outcome for the company’s creditors as a whole than would have been possible if the company was wound up without entering administration – and if this is not possible:
  • Realise company property and other assets for distribution to one or more secured or preferential creditors

UK Administrators comprises a highly experienced team of licensed insolvency practitioners with industry-wide knowledge and practical expertise. We will support you at any stage of financial difficulty, but the sooner you seek professional assistance the greater your chances of saving the company.

Advice You Can Trust

We can help you at every stage

Company administration provides a respite from the threat of legal action, and enables us to formulate and implement a turnaround strategy to stabilise and regain profitability in the long-term.

Here are just some of the ways in which we can support you and your company:

  • Free same-day consultation in confidence with one of our partner-led team
  • Independent, reliable advice from administration specialists
  • Assessment of your company’s financial position and a clear presentation of the potential options
  • Assistance with the preparation of a Statement of Affairs, which lays out your financial situation for creditors
  • Communication and negotiation with creditors
  • Presentation of proposals and strategies to turn around the business, to creditors and other relevant parties
  • Implementation of pre pack administration where appropriate, to quickly sell your underlying business assets

Entering administration is not suitable for every company, but it could be right for yours. Please contact us to arrange a free confidential same-day meeting where we can assess your situation, establish your eligibility, and move forward quickly.

The Seven Stages of Business Turnaround

When cash flow declines, a business can quickly derail. But by understanding the signs of distress and acting fast, a business can recover and thrive once again.
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Client Testimonials

 

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Jenny
JennyElectrical Manufacturing, East Midlands
Our business had reported lower than anticipated sales over a six-month period and had also suffered two quality failures which resulted in corrective work being undertaken to the expense of the company. As a result of this, the company was under increasing pressure from creditors with some taking legal action. We contacted UK Administrators who assessed the situation and placed the company into administration with the administrators trading the business. We had significant orders already placed and the administrators had obtained the support of the secured creditor and main customers to continue trading out of administration. This was a relief as we have 30 members of staff who were all retained with no redundancies. The administrators traded the business for 9 months during which time it returned to profitability. The whole process was a huge relief for us.

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Adam
AdamProperty Consultants, Leeds
We lost a major contract in the summer of 2019 which saw a key provider of remortgage work reducing its panel of legal firms and withdrawing its current instructions of about 3,500 referrals. We had a strong and viable business but this caused some short-term distress and we fell into an insolvent position due to cash flow problems. We contacted UK Administrators after a recommendation from our accountant and they were successful in pre-packing the sale of our consultancy to another firm preserving all employee jobs and ensuring that the interests of the firm’s clients were looked after on an ongoing basis. They really made a nightmare situation much easier for us and helped to explain everything along the way, keeping us in the loop and dealing with all creditors which was a weight off our shoulders. Big thanks to Shaun and the team.

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Free & Confidential Advice

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