Sell your business and assets to get the best return and save jobs

How We Can Help Your Company

✓ Get free quick advice to help diagnose your business financial affairs and administration options

✓ Save jobs and retain your customers and contracts with our seamless pre-pack administration advice

✓ Ensure creditors get the best possible return and your company becomes profitable again

✓ Remove risk and costs associated with a trading administration through our pre-pack administration advice

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✓ Corporate Debt & Financial Solutions

✓ Free 100% Confidential Advice

✓ Stop HMRC & Creditor Pressure


A Pre-Pack Administration is where the sale of the business and assets is agreed prior to the company entering into Administration and completed immediately once the Administration Order is made and Administrator’s are appointed.

A sale of the assets is agreed before the company goes into Administration and is completed as soon as it does. It is a “pre-packaged” event (hence the name) and provides the best return for creditors. A Pre-Pack Administration often saves jobs and allows contracts to be continued, giving ongoing future work to the new business with the least disruption


The key to a successful Pre-Pack Administration is a better return to creditors and lenders. To begin with, you will have to discuss your company’s affairs with an insolvency specialist, to make sure that it is the right route to take.

When requested to go ahead, a valuation of the company’s assets by a specialist insolvency valuer is arranged. A price is then agreed and how the business is going to be sold.

Existing directors usually have knowledge of their business and will want to maintain their existing customers, so will be prepared to pay a little more for getting a “working model” without the debts.

This all usually takes between 7 to 28 days but the existing business can continue in the meantime. There is no set time-scale for a Pre-Pack Administration to complete. The urgency of the situation will dictate the time it takes.

As independent insolvency specialists, we can often help see where the problems have arisen in the past and give guidance to ensure that the same issues and errors do not arise, or are not made in the future

With a sale price agreed that will give the best return to creditors, an application is made to court to appoint an Insolvency Practitioner as Administrator.

Once the Administrator has been appointed, the sale is completed (usually the same day) and the business is moved to a new company.

If you think that finance for the new company may be difficult to obtain, Company Insolvency Advice can help you by discussing various situations and introducing you to an excellent range of finance providers. Call us now to discuss finance options on 0800 999 0666.


  • The business continues through a new company free from debt.
  • Customers and contracts remain in place.
  • Employees jobs are saved.
  • Creditors get the highest possible return.
  • Administration process safeguards against unexpected legal action.
  • The process of change from the outside appear seamless.

If your company has got financial problems and has to go down the route of formal insolvency proceedings, then a Pre-Pack Administration may be an alternative to be used rather than liquidation, when there will be a better realisation for creditors. This is the key to any administration process, but especially in a Pre-Pack Administration, as it is quite often the existing directors and management that buy the business / assets back.

There is nothing illegal in the directors of the old company buying the assets back through a new company, providing what is paid is more than it could otherwise have been sold for.

A Pre-Pack Administration can help save jobs as where the business continues in a new company. The employees will be transferred under the TUPE regulation and remain employed by the new company. This ready-made workforce is then in situ to help the new company continue and prosper.



If you think that a Pre-Pack Administration could be the answer to your company’s problems, then contact Company Insolvency Advice today to discuss the company options available to you. We will need to hold consultations either face to face or remotely, to discuss all options and look at the structure of the current business.

There may be alternatives to Administration and with our experience we will present these options to you. We know it is your company and any major change is a big step. All our staff understand these difficult situations will help you moving forward.


The company was a specialist construction, safety, maintenance operator and had got into financial problems as a result of the build-up of unpaid tax liabilities, caused by historic bad debts.

The company had obtained some excellent contracts that were operating but were unable to come to an arrangement with HMRC to satisfy the existing liabilities and control of goods action had been instigated over the company’s machinery it needed for operational purposes.

The Outcome

The company employed 17 people and was considering going into liquidation, however, its main customer said that it would be in breach of contract if that happened and no outstanding debtor money would be paid. It was, therefore, agreed that this main contract, along with the others, could be transferred to a new company and so, protecting the outstanding revenue due to the old company and allowing 17 employees to retain their jobs inside the new business.

The Pre-Pack Administration was approved and the company now continues to flourish, keeping up-to-date with all outstanding creditor payments.


Company Insolvency Advice

Company Insolvency Advice is a leading business rescue, corporate restructuring and insolvency specialists, with years of experience in providing corporate debt solutions. We understand the daily pressure you are under as a director and our team of expert consultants cover the whole of the country in order to discuss debt solutions with company directors.


We cover the whole of the UK

From our office in the North West of England, we provide a national advice service to the whole of England, Scotland and Wales. We aim to offer tailored, high quality service of local business advisors, with the experience, knowledge and support of a huge, national organisation.


Why clients choose us

  • Communication

Good communication holds the key to any financial advice for businesses and our remit is to provide clear and accurate debt advice.

  • Experience

Our staff have many years’ experience in dealing with ever-expanding creditor pressure and economic issues that affect companies.

  • Reputation

Company Insolvency Advice prides itself on the reputation it has built up over the years in assisting company directors resolve various financial issues.

“Extremely helpful and very professional service. Knowledgeable and very approachable. Would highly recommend!!”

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