{"id":176183,"date":"2022-09-28T00:47:51","date_gmt":"2022-09-27T23:47:51","guid":{"rendered":"https:\/\/legalvision.co.uk\/?p=176183"},"modified":"2025-07-02T00:38:58","modified_gmt":"2025-07-01T23:38:58","slug":"administrator-powers-creditor-interests","status":"publish","type":"post","link":"https:\/\/legalvision.co.uk\/corporations\/administrator-powers-creditor-interests\/","title":{"rendered":"What Powers Does an Administrator Have Over My Interests as a Creditor in England?"},"content":{"rendered":"\n

As a business owner, you may receive notice from a court informing you that an administrator will take over the affairs of an insolvent company which owes you money. As a trade creditor, it means you have supplied goods or services to a company which it has not repaid.\u00a0The court notice means the company is in administration, a type of insolvency proceeding<\/a>. Therefore, as part of the administration process, the administrator has broad powers to manage the company\u2019s affairs. So, this can include selling off the company’s assets to repay the company’s creditors, selling the company or its business to a buyer, or negotiating a restructuring plan.\u00a0<\/p>\n\n\n\n

This article will explain an administrator’s powers, so you understand what it means for you as a director or shareholder in a small to medium-sized trading business and one of their trade creditors. <\/p>\n\n\n\n

Purpose Of the Powers <\/span><\/h2>\n\n\n\n

Administration is a type of insolvency proceeding<\/a>. If a company is insolvent, a court will appoint an administrator with broad powers to manage the company\u2019s business, including:<\/span><\/p>\n\n\n\n