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Pre-Pack Administration

A Pre-Pack Administration is where the buyer of the business has been lined up and agreed before the date of the Administration order. 

Pre-packs were designed to preserve the value of the business by allowing a very quick sale however they cause controversy because creditors find out about the sale and Administration after the event.  

Click on the following articles to find out more about the different pre-pack administration options available to businesses.

Just a quick email to say a heartfelt thank you for your very calm, considered, expert advice regarding my circumstances on Tuesday. Things looked bleak before you explained my options much more clearly, in simple layman’s terms.
Rob Elliott (14th December 2021)

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David Kirk Portrait

David Kirk

Licensed Insolvency Practitioner

https://wpmudev.com/project/wp-defender/