Administrators job is to investigate and if possible keep a company that is distressed a going concern, if he has a product made and we have the money to pay for it, the administrator will bite your hand off for it.
Administrator will strip the company down to bare bones, pay as much creditors as possible and search for a new buyer.
Liquidation means that the company will be broken apart, no longer exist and as much debt as possible paid off.
If a company...