What are the advantages and disadvantages of an Administration?
| 15-03-2024An Administration procedure has advantages that can see the company restructure, creditor action halted and a potential sale of the company.
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An Administration procedure has advantages that can see the company restructure, creditor action halted and a potential sale of the company.
Read MoreA company leaving administration could have varying exit options depend on its circumstances, its future viability, and the administrator’s decisions.
Read MoreLiquidating a company in a franchise can be complicated. If you're a director considering liquidating, speak to us, and we’ll guide you through your options.
Read MoreWhere low funds or a negative cash flow won’t allow it, taking dividends without sufficent profits would create an ‘unlawful dividend’.
Read MoreDissolution is designed for solvent companies. The company must settle all its debts before dissolving. It is unsuitable for insolvent companies.
Read MoreYes, HMRC can investigate and chase dissolved companies if they have outstanding tax debts when they are struck off from the register at Companies House.
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