Guidance documents

Applicants to the Pre Pack Pool should be able to provide the following information:

 
Old Company:

• Name of Company
• Company Number
• Nature of Business
• Details of Assets
• Details of Liabilities
• List of creditors and amounts owed
• Details of any charges registered against the company
• Number of staff
• Valuations

 
New Company:

• Company Name (where known)
• Company Number (where known)
• Names of Directors
• Names of Directors’ other interests
• Nature of connection to Old Co
• Have the directors been involved in any previous pre-packaged administrations

 
Summary of events leading up to the current situation
 
Details of the offer to be made to the administrator
 
Steps taken to avoid administration and pre-pack
 
Who is disadvantaged / favoured?
 
Why is it necessary to undertake a pre-pack sale?

What is / will be different going forward?
 
Supporting Evidence:

• Viability study/statement
• Summary financial accounts / balance sheet
• Statement of affairs / business statement
• Business plans / forecasts

Documentary evidence
 
Personal Guarantees given for debts, funding and guarantee limits
 
Any other information you consider significant.