Administration Services

At Fast Insolvency, we offer expert and affordable administration services in for limited companies facing serious financial problems. 

Administration provides legal protection from creditor action, giving directors time to restructure the business, prepare for sale, or close in an orderly way.

Our licensed practitioners assess your options and guide you through the process with professionalism and integrity.

Contact us today for free, confidential advice from a licensed insolvency practitioner.

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What Is Company Administration in ?

Company administration is a formal insolvency procedure where an insolvent company is placed under the control of a licensed insolvency practitioner in , known as the administrator.

The administrator takes over management of the business to rescue it, sell its assets, or achieve a better outcome for creditors than immediate liquidation.

When Should a Company Enter Administration in ?

Administration is appropriate when a company is unable to pay its debts in , but has underlying value in its operations, contracts, or assets.

It is often used when legal action from creditors is imminent, such as a winding-up petition, or when there is a genuine chance of business recovery or sale in .

What Are the Benefits of Administration in ?

The key benefit of administration is that it gives the company legal breathing space from creditors, allowing directors and administrators to work on a recovery strategy.

Other benefits include:

• Automatic moratorium to stop legal action

• Option to rescue the business through restructuring

• Improved returns for creditors in

• Protection of jobs and contracts

• Potential for pre-pack sale or business continuity

• Allows for an orderly exit if rescue isn’t viable

How Long Does Administration Last in ?

Company administration initially lasts for 12 months in , although it can be extended with court approval or creditor consent.

Most outcomes, such as sale, liquidation, or Company Voluntary Arrangement (CVA) are finalised well before the end of the 12-month period.

What Is the Administrator’s Role in ?

The administrator takes full control of the company’s affairs.

They assess the company’s position, communicate with creditors, manage operations (if trading continues), and implement the most beneficial outcome, whether that is rescue, sale, or closure.

Can a Company Still Trade During Administration in ?

In many cases, the company continues to trade under the administrator’s control.

This is done to preserve value, complete contracts, or maintain goodwill while a buyer is found or restructuring is arranged.

What Is a Pre-Pack Administration in ?

A pre-pack administration is where a pre-arranged sale in of the company’s assets is completed immediately after entering administration.

This is used to preserve the business and jobs while avoiding the uncertainty of open-market asset sales.

Will Administration Write Off Company Debts in ?

Administration does not automatically write off debts.

However, unsecured creditors are usually paid a proportion of what they’re owed from asset sales, and the remaining debts may be cleared through a subsequent liquidation or CVA in .

Will Directors Be Investigated in ?

As in all insolvency procedures, the administrator must review the conduct of the directors in the lead-up to insolvency.

As long as directors have acted properly, there is usually no cause for concern or penalty.

Can I Appoint an Administrator Myself in ?

Directors can appoint an administrator out of court if no winding-up petition has been issued.

If legal action has already begun, you must apply through the courts.

How Much Do Administration Services Cost in ?

The cost of administration varies based on the size and complexity of the business.

At Fast Insolvency, we offer affordable administration solutions in , with transparent pricing and fixed-fee options where appropriate.

Can I Avoid Liquidation by Entering Administration in ?

If the company can be rescued or sold as a going concern, administration helps avoid immediate liquidation and may lead to business survival, a Company Voluntary Arrangement, or pre-pack sale.

Will Creditors Get Paid in Administration in ?

Secured and preferential creditors (like HMRC and employees) are paid first from any asset sales.

Unsecured creditors may receive a distribution depending on available funds after costs and priority claims.

Get Free Administration Advice Today

If your company is under financial pressure or at risk of legal action, don’t delay.

We deliver trusted, low-cost administration services with a focus on clarity, speed, and director support.

Contact Fast Insolvency now to speak with a licensed advisor and get free, expert guidance on whether administration is right for your business.

Get in touch