Voluntary Administration

Restructure your distressed business with our expert help.

Voluntary administration is aimed at providing a flexible and less terminal alternative to liquidation, thereby offering a potential lifeline to businesses that are struggling but have a viable core operation or assets that can be effectively restructured or sold under more favourable conditions.

When your company enters voluntary administration, TTJ Advisory will be appointed to take control of the company and attempt to work out a way to save the company or its business.

Our main objectives in Voluntary Administration are:

Business Viability Assessment – Determine if the business can be restructured or attract new investors to continue operations.

Create a Restructuring Plan – If viable, develop a deed of company arrangement (DOCA) to manage debts and support business continuity or provide better returns to creditors than liquidation.

Engage Creditors – Ensure creditors participate by voting on the DOCA or deciding on liquidation if necessary.

Voluntary Administration

Your Path to Relief, Stability, and a Strategic Business Comeback

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At TTJ Advisory, we understand the pressures directors face, particularly when grappling with tax debts and insolvency.

Our Main Objectives in Voluntary Administration

Business Viability Assessment

Determine if the business can be restructured or attract new investors to continue operations.

Create a Restructuring Plan

If viable, develop a deed of company arrangement (DOCA) to manage debts and support business continuity or provide better returns to creditors than liquidation.

Engage Creditors

Ensure creditors participate by voting on the DOCA or deciding on liquidation if necessary.

Stabilise Operations

Implement immediate measures to maintain business continuity, preserve key relationships, and protect essential operations during the administration process.

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