Director First Podcast with Chris Worden

What Is Company Administration? 2026 Updated


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WHAT IS COMPANY ADMINISTRATION? The UK Director's Guide to Business Rescue & Survival!


Are you a UK company director facing tough financial challenges? Discover how the administration process can save your company!


In this essential video, leading director advisor Chris Worden breaks down everything you need to know about company administration – the legal process designed to protect and rescue struggling businesses. Learn how administration is NOT a failure, but a strategic reset that can halt creditor action, offer a vital moratorium, and give you time to restructure or sell your business.


We reveal:

What administration really means for your company


The three legal objectives every administration must meet


Step-by-step guide through the entire process – from appointing an administrator to exiting successfully


Common risks FOR DIRECTORS (overdrawn loan accounts, preference payments, wrongful trading) and how to avoid them


How prepacks work and why they could SAVE jobs, your brand, and your future


Pro tips on acting early, choosing the right advisory firm, and communicating with creditors


Don’t let debt, HMRC, or supplier pressure put your company at risk! Gain crucial insights, protect your business, and make your next move with confidence.



Book now for a free business insolvency check

Call 08000862766

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Director First Podcast with Chris WordenBy Chris Worden