Company Receivership

Administrative Receivership has been reducing in usage since the introduction of the revised Administration process by the Enterprise Act.

Statistics now show Administration as the principal "weapon" of choice for company rescue and restructuring.  There are circumstances where lenders prefer to use Receivership over Administration.

It should be remembered that Receivership is a process that is controlled by the lender not the company Directors.

Our view of Receivership is the same as with all options available; they should be considered within discussions on your company's specific circumstances.  It's crucial in our eyes that any decisions that you make should be made in possession of the full facts.