Business Recovery Specialists aim to Avoid Administration

Administration can be as Devastating for Suppliers and Stakeholders as it is for the Company itself.

When a company is placed into administration it is because the company is insolvent and beyond the point at which recovery is regarded as still possible. Administrators aim to achieve the best outcome they can for the creditors. This might perhaps be by selling off profitable parts of the business, for example, to preserve some jobs.

However, by definition, administration is acknowledgement that a company is insolvent. The consequences of administration are often as devastating for the suppliers and stakeholders as for the company that is in administration. At Poppleton and Appleby, our business recovery specialists aim to help businesses avoid insolvency – and therefore administration. We aim to turn them around and help them along the road to recovery.

Insolvency is not inevitable, however

As with all businesses that go into administration, the shockwaves can also be felt by external suppliers and stakeholders. This is specially so if sales to the company in administration were a significant part of their business(s).

If your business or your client’s business is being affected by the difficulties or administration of a major client, or uncertainty over the economic climate post Brexit, then now is the time to take action. Here at Poppleton and Appleby, our business recovery specialists have experience in assisting directors navigate their way through such  scenarios, as this recent case study demonstrates, which highlights how we helped a business that was on the brink of insolvency recover .

As business recovery specialists our aim is to help businesses that are facing difficulties turn their fortunes around. We aim to help such businesses avoid insolvency, if at all possible, and begin trading profitably again.  Insolvency is not inevitable when a business starts experiencing significant difficulties; the quicker you get in touch, the more we can do to help.

If your business is facing difficulties, contact us or call us on 0121 200 2962 for a FREE initial chat.