Business Recovery

Are we insolvent?

A business cannot pay its debts as and when they become due, or a business has more liabilities than it does assets (balance sheet test).

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Administration Orders

An Administration Order is a procedure whose primary purpose is to rescue your company as a going concern.

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Statutory Demands / Winding Up Petitions

A statutory demand is a prescribed form served by a creditor on a company requesting payment of a debt.

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County Court Summons

A County Court Summons is a Court document served by a creditor of a business seeking payment of a debt.

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