Administrative Receivership
An administrative receivership is an individual appointed by a creditor that holds security over all (or substantially all) the assets of a company which, as created, was a floating charge.
An administrative receiver is authorised to take custody of the charged assets, run the company’s business and dispose of the assets to satisfy the secured debt.
If you are a creditor with security or a company that has had an administrative receiver to realise its assets please contact one of our experts for a free, no obligation meeting to discuss your circumstances and the options available to you.
