Businesses In Administration

The UK's comprehensive online database of English, Welsh and Scottish companies in administration and administrative receivership. The database is updated every day, and you can opt to have daily email alerts of businesses in administration. This feature is included as part of the service to you when you become a Business Sale Report subscriber.

What is an Administrative Receiver

Administrative Receivers are appointed by a debenture holder usually over all the company's assets. The Administrative Receiver's prime responsibility is to protect the interests of the debenture holder. The Administrators can be appointed by a creditor or the companies' directors.

The Administrator's objective is to rescue the company as a going concern or achieve a better result for the creditors than would be likely if the company were wound up without first being in administration, or if this is not practical realising assets to make a distribution to secured or preferential creditors. This is often achieved by selling the company, or by realising the company's assets. In many instances the company is still trading.

More Information

Information supplied on each business in administration or administrative receivership includes:

• Name of company
• Type of company
• Date of appointment of the administrative receiver/administrator
• Full contact details of the administrative receiver/administrator including name, address, telephone and fax numbers.
• Nature of the business

Please note our database does not include businesses that are in the following situations:

• In liquidation
• Subject to a winding up order
• Company Voluntary Arrangement (CVA)
• Businesses that have just ceased trading and dissolved the limited company

This is because, by this stage, very little of the business is salvagable with most of the assets being distributed amongst preferential creditors such as the tax authorities, banks, and employees and as such is unlikely to carry on trading.

We have included details of those administrative receiverships where the appointment date is after 1 Jan 1998. Administrative receiverships are not possible under any security instrument created after 15th September 2003, due to the Government's drive to encourage the use of administrations in place of administrative receiverships. Therefore, you are likely to see increasing numbers of businesses in administration.