Trading Administration | Silke & Co Limited

Trading Administration

A process whereby the directors, shareholders and/or a floating charge holder seeks to place the company into Administration, this gives the company protection from its creditors while the appointed administrator, who is a licensed Insolvency Practitioner, manages the company on a temporary basis. With the assistance of the directors, consideration is given to any operational changes or restructuring necessary to take the company forward. The aim of the process is to rescue the company where it would have been impossible had it not been given the time, also to realise a better return from the company’s assets or property.

If you have any questions or require further information about the services we offer, please contact us on 01302 342875.