Search site
Our People
Contact our offices
Make an enquiry
How can we help?
Administration is a formal insolvency procedure whereby an insolvency practitioner is appointed by either the directors, the company or the holder of a qualifying floating charge (usually the bank or other financial institution).
An administration usually allows the business to continue trading throughout the process and provides protection against any enforcement action taken by creditors.
loading staff
This option allows the business to continue trading throughout the administration allowing employees to remain in a job whilst the sale of the business is considered.
This solution allows for the sale of the business to be pre-arranged before or soon after the administrator is appointed. Directors or the management team can work with the administrator prior to the formal arrangement to agree terms of sale which can then take effect immediately.
Stephensons have a team of insolvency law specialists who provide advice from the outset and guide you through the administration process ensuring the best result is secured for the business and its creditors.
Corporate insolvency has serious implications and should only be considered after seeking professional guidance, please contact us for help and advice on the alternatives which may be available to you on 0203 816 9303 alternatively complete our online enquiry form and a member of the team will contact you directly.
We're Great
It is our business to deliver legal services that work for our clients, and you can trust our specialists to take care of things on your behalf.
Directors duties update - three month extension to file accounts and wrongful trading
The government continues to issues briefings on their measures to ease the regulatory burden on companies during the current crisis. Further measures to assist directors and SMEs are expected over the coming weeks, and we will continue to update our advice...
Twitter commercial
@CommercialLLP
Stephensons is operating an agile working approach to assisting clients and is still open for business in the face of the coronavirus pandemic. Following the guidance issued by Public Health England (PHE) the firm’s services remain open and...
Commercial reorder
