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Affinia expands Midlands presence with Towcester acquisition

Affinia expands Midlands presence with Towcester acquisition

The Uncommon Practice appoints director to lead regional growth

The Uncommon Practice appoints director to lead regional growth

Talent shortages force accountancy firms to turn away clients

Talent shortages force accountancy firms to turn away clients

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Administration Process

Administration is a formal insolvency process in the UK designed to protect a company from creditor action while a licensed insolvency practitioner seeks to rescue the business, achieve a better outcome for creditors than liquidation, or realise assets in an orderly way. It is often used for businesses under severe financial pressure, providing breathing space through a statutory moratorium while restructuring or sale options are explored.

Coverage includes updates on administration appointments, high-profile corporate cases, changes in insolvency law, and analysis of administration as a turnaround or exit strategy. Reporting also examines the procedural steps—such as court applications, the role of administrators, creditor communications, and proposals—alongside commentary on how different industries are affected.

Administration Process

Administration is a formal insolvency process in the UK designed to protect a company from creditor action while a licensed insolvency practitioner seeks to rescue the business, achieve a better outcome for creditors than liquidation, or realise assets in an orderly way. It is often used for businesses under severe financial pressure, providing breathing space through a statutory moratorium while restructuring or sale options are explored.

Coverage includes updates on administration appointments, high-profile corporate cases, changes in insolvency law, and analysis of administration as a turnaround or exit strategy. Reporting also examines the procedural steps—such as court applications, the role of administrators, creditor communications, and proposals—alongside commentary on how different industries are affected.

CIPP payroll expert Matthew Akrigg seconded to HMRC

Mathew Akrigg, policy and research officer at the Chartered Institute of Payroll…

Interpath secures sale of Mighty Drinks brand

Interpath Advisory has revealed that the joint administrators of Watkins Drinks Limited have…

RSM secures sale of Dudley-based BCIMO

RSM has secured the sale of the Black Country Innovative Manufacturing Organisation (BCIMO)…

Begbies sees Torquay United fulfill CVA terms

Begbies Traynor has announced that Torquay United AFC has fulfilled the terms of their…

Cork Gully rescues ReNeuron Group as a going concern

Cork Gully has announced the successful exit from administration of the ReNeuron group, a…

Dead Happy names Evelyn Partners as administrators

Evelyn Partners has been appointed as the administrator of life insurance broker Dead Happy…

Begbies Traynor advises Elite Emergency Medical Services on administration

Begbies Traynor has advised on the administration of Elite Emergency Medical Services LTD, a…

PKF GM appointed administrator of 6 Towns Credit Union

PKF GM has been appointed administrator of 6 Towns Credit Union, whose membership extended…

Begbies Traynor appointed administrator of furniture maker

Begbies Traynor has been appointed administrator of Long Eaton-based Acclaim Upholstery…

Azets appointed administrators of Port Dinorwic Marina

Azets’ Simon Monks, Nicola Clark, and Colin Haig have recently been appointed joint…
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