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Recovery & Turnaround

  0808 159 7337

  0114 299 4556

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Administration

Administration

Financial difficulty can seem like a huge barrier to overcome when you’re facing insolvency and can leave you feeling isolated. Here at BCIA Recovery & Turnaround we can help you face up to your financial issues by recommending and assisting in administration where necessary to help you stabilise your operation against ongoing creditor issues.

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Handling your administration

In some instances, insolvency practitioners take over the day-to-day activities of a business and attempt to stop any further legal action taking place in order to help tidy up the company’s finances. We can guide you through this process and help you appoint administrators, whether this is by choice or by court application.


Trading administrations are fast becoming a thing of the past with the norm these days being pre-pack administration. These situations are especially delicate as they require the issues of the failing company to be highlighted and remedied before the beginning of a new company - the skill lies in being able to highlight the reasons for the demise of the company and being able to quickly plan the solutions for when the new company begins to trade. With over 40 years of experience and a team of insolvency experts, lawyers and accountants, you can rest assured that your company is in safe hands with us on your side. Based in Derbyshire, we are able to assist businesses anywhere in the UK, apart from Scotland.

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OTHER SERVICES

If your business is facing insolvency, BCIA can help. We are insolvency experts.

Pre-pack administration

In order to keep your business running with the hope of a future, you could opt for pre-pack administration, a powerful new tool when you’re faced with insolvency. This innovation was developed to make your business as valuable as possible with a view to a sale. We can help you to agree a pre-packaged sale of all or part of your company with a potential purchaser before an insolvency practitioner is appointed. This is a useful tool when you need to take swift action to tackle mounting pressure, and we’ll guide you through all of your options at every stage of the process.


We have extensive experience helping insolvent companies to arrange a pre-pack administration plan. Our team of experts can orchestrate your administration, whether you’ve made the decision yourself or been instructed by the courts. Simply get in touch today to discuss your current situation and our professional team will be able to assess your circumstances and provide guidance for your best course of action when it comes to insolvency and administration.

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Contact Us

For advice regarding administration, call BCIA on:  

  0808 159 7337

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