What does Administration mean for my business?
If a company is in Administration it means that the business is under the control of a licensed insolvency practitioner to act as administrator by the court
What is Administration?
Administration is a fast legal process that protects your limited company or partnership by order of the Court.
Company Administration
Administration is a fast legal process that stops creditors taking legal action against a company or partnership. It gives the business time to explore more options whilst it is protected.
