We’re one of the UK’s Leading Administration Companies
Bridge Newland Limited are one of the country’s leading Administration Companies given our vast experience in providing Administration Orders (including Prepack Admins) to insolvent companies throughout the UK.
Companies who specialise in providing an Administration process to an insolvent company must be fully licensed as an insolvency practitioner otherwise the the Administration companies you deal with will be simply just a work finder for licensed advisers or an unqualified debt adviser. Care should be taken to ensure that you take advice from a person authorised to give professional advice and take insolvency appointments.
Our Insolvency Practitioners are fully licensed to act as Administrators by the Insolvency Practitioners Association who are the second largest authorising body to the insolvency profession.
Why companies use Bridge Newland for Administration
You should use us over other administration companies because:-
1. We have great success rates in getting administration orders approved at court.
2. We regularly obtain approval from creditors and from the courts to the pre-packaged admin sales we propose.
3. We are regulated by the IPA and therefore our actions are reviewed on an annual basis.
If you feel that your business is in need of an Administration; or you wish to complete a pre-packaged sale of your business, then contact us on our free phone number 0800 612 6197 for a free and professional consultation.
Alternatively you can click on either of the below links to view our specific pages regarding each administration process offered…
Pre-Packs offer the ability to free your Company from the burden of your debts and pressure from creditors, whilst also ensuring that your business survives and creditors are repaid as much as possible.
The Administration process is often used for companies with assets of a high value because the procedure allows for sales of these assets to be completed quickly and can include additional realisations, such as Goodwill, that would be unlikely to be sold in other insolvency processes.