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We will upgrade creditors as appropriate, including by way of improvements to this FAQ record, and in the forthcoming Administrators’ proposals record. However, if you have any specific issues or concerns you wish to raise about the conduct or procedure of the firms, please write to us aiming your information. 8. Are you in contact with the FCA?
Yes, we are in regular contact with the FCA, and the FCA consented to us being appointed as Administrators of the business. 9. Are you in touch with the Companies’ management? We are now accountable for the management of the Companies’ and are working with the Companies’ staff who are carrying on to assist us. The management are providing information and assistance to the administrators also. 10. Where may i get more info from? The Administrators will be writing to all or any creditors of the ongoing companies within 7 days of our visit. Within 8 weeks of appointment, the Administrators will be contacting creditors with information on the Administrators’ Proposals.
This record will set out the Administrators’ plans for managing the Administration. Creditors will get a letter with usage of a website portal from where they’ll be able to download the Administrators’ Proposals. The Administrators’ Proposals will contain essential updates for the creditors. Please also note that the Administrators’ intend to issue updates to all or any concerned celebrations on a continuous basis by updates on the Company’s website.
As it is only the start of the Administration, our answers are apt to be necessarily brief on certain details although these answers will develop as regards further detail on the coming weeks. A number of the Company’s staff continue being employed by the firms and are under the control of and assisting the Administrators. 13. I am a customer.