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insolvency

The Different Forms of Company Administration, Explained

by / ⠀Blog / May 5, 2021
The Different Forms of Company Administration, Explained

If your business goes into what’s known as company administration, this means you are seeking third-party help to make your business profitable again. This usually takes the form of hiring an insolvency practitioner. It can also mean selling the business to preserve its value as well as protect jobs. The company administration process can take anywhere from a couple of hours to approximately two weeks. Administration is the…

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