Business Rescue

Business Pre-Packs

Pre-pack administration is a great tool for helping a struggling business to remain viable by selling the business and assets to a "newco", which can even be the current shareholders.

Our Insolvency Practitioners Jeremy Frost and Patrick Wadsted have assisted many business owners through pre-pack administrations.  

A pre-pack administration allows current owners and directors of a business to choose who to sell their company to.  A deal for the sale of the insolvent company's business and assets is agreed in principle before the company goes into a formal insolvency process, usually administration.

The process provides business continuity and is a very cost effective option.

There can be negative publicity associated with pre-packs, but R3, the insolvency trade body, stated recently that they van be more beneficial to secured creditors.

Independent research shows clear evidence that pre-packs fare considerably better than alternatives in terms of the retention of jobs and returns to secured creditors.

R3

Find out more

We give free and impartial advice on pre-pack administrations and business continuity from our offices in Croydon and London.

If you would like to instruct us, we will quickly execute this process for you. Call us on 0345 260 0101 during working hours, on for urgent help call us out of hours on 07714 099 691 and talk to the experts in pre-pack administration.

Contact an expert for professional help and advice

Our team member below will be able to help with all your questions

Patrick Wadsted

Licensed Insolvency Practitioner

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At Frost Group, we want to make things as easy as possible for you. That is why, if you can’t come to us, we’ll come to you. We operate face to face, nationwide meetings, wherever is most convenient for you.

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Croydon

Airport House
Purley Way
Croydon CR0 0XZ

bromley

Regus One, Elmfield Park
Bromley
BR1 1LU

London

86-90 Paul Street
London
EC2A 4NE

Leicestershire

Court House, Old Police Station South Street, Ashby de la Zouch
LE65 1BR

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Frost Group Limited is authorised by the Financial Conduct Authority. Authorisation number 669247.