Speed Ferries in Administration
Discussion
Anyone bought tickets and not travelled yet? You might need to contact your credit card providers. See: http://www.speedferries.co.uk/
I bought my ferry tickets for Les Mans week with them a week ago.....
I bought my ferry tickets for Les Mans week with them a week ago.....
For Le Mans people it's a topic here:it means the company is being run by court appointed (effectively) qualified persons.
Is one step up from liquidation and occurse when there is a good chance that the business can be traded out of difficulty/ sold to pay off creditors. signifies that there is a clear case for financial viability.
doesn't guarantee anything apart from short term protection from ceditors.
can either be forced on a company, or more often the company calls the administrators in- and if the directors are clever they have a plan in place to get rid of debts, take some cash and then restart the company with an effective clean sweep!
Is one step up from liquidation and occurse when there is a good chance that the business can be traded out of difficulty/ sold to pay off creditors. signifies that there is a clear case for financial viability.
doesn't guarantee anything apart from short term protection from ceditors.
can either be forced on a company, or more often the company calls the administrators in- and if the directors are clever they have a plan in place to get rid of debts, take some cash and then restart the company with an effective clean sweep!
ugwash seems to know more/put it better.pugwash4x4 said:
it means the company is being run by court appointed (effectively) qualified persons.
Is one step up from liquidation and occurse when there is a good chance that the business can be traded out of difficulty/ sold to pay off creditors. signifies that there is a clear case for financial viability.
doesn't guarantee anything apart from short term protection from ceditors.
can either be forced on a company, or more often the company calls the administrators in- and if the directors are clever they have a plan in place to get rid of debts, take some cash and then restart the company with an effective clean sweep!
I seeeeeeeee, learn something new every day. Thanks Is one step up from liquidation and occurse when there is a good chance that the business can be traded out of difficulty/ sold to pay off creditors. signifies that there is a clear case for financial viability.
doesn't guarantee anything apart from short term protection from ceditors.
can either be forced on a company, or more often the company calls the administrators in- and if the directors are clever they have a plan in place to get rid of debts, take some cash and then restart the company with an effective clean sweep!
Edited by Heskey on Friday 14th November 14:13
Gassing Station | The Pie & Piston Archive | Top of Page | What's New | My Stuff