Voluntary Administration

Voluntary administration is a process where a registered insolvency professional temporarily takes control of a business which is insolvent, or in financial difficulty.

Voluntary administration video

Voluntary administration is intended to support businesses that are insolvent to continue operating and, where that is not possible, achieve a greater return for creditors than the immediate winding up of the company through a restructure. In this video, Firm Principal Ben Sewell takes you through a brief explanation of voluntary administration and why it doesn’t work for SMEs.

Voluntary Administration

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