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Company in administration?
Herewegoaroundagain
Posts: 7 Forumite
I think it appintsd administrators Friday with a view to ore pack. How can I find out before Monday? I guess I can’t!
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Herewegoaroundagain wrote: »I think it appintsd administrators Friday with a view to ore pack. How can I find out before Monday? I guess I can’t!
Beg pardon?All shall be well, and all shall be well, and all manner of things shall be well.
Pedant alert - it's could have, not could of.0 -
Eh !!!!....make the most of it, we are only here for the weekend.
and we will never, ever return.0 -
if your company has appointed administrators then you'd best expect not to have a job by the end of the week and not get any redundancy either.
Get looking now for another job.0 -
If you have worked at least 2 years you will be entitled to redundancy pay and accrued holiday from a government fundmake the most of it, we are only here for the weekend.
and we will never, ever return.0 -
I have heard it is being pre packed so I would be tupe’ed0
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So sorry for the typos! That’s me typing too fast whilst watching the X factor!!0
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What is pre packed?0
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Its bought out of administration straight away. A deal is agreed before administrators are appointed.0
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Was there ever a point to this thread?0
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Pre-pack administration is an insolvency procedure in which a company arranges to sell all or some of its assets to a buyer before appointing an administrator to facilitate the sale.
Usually the director's have created another company that is the purchaser.
I would look at Companies House to see if the directors have set up another limited company.0
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