Dealing with administrators

[JP]

Can anyone offer any advice on dealing with buying a company or part of a company from the administrators?

The company I work for has just gone into administration and there is one department I would like to purchase, how does the process work?

I have most of the basic financial details sorted, but how do you go about buying? I presume it's like buying anything.... you say what you want and how much you are willing to pay and go from there...

If I make an offer, how do I detail it? Can any PH'ers point me in the direction of any good info / advice on the web?

Thanks

JP

[JP]

Thanks Sleepezy, pretty much as I thought....

Hopefully, I will have a partner in this who is looking to purchase a large chunk of the business, but is not really interested in my bit..... Might make a more interesting deal for the administrators.

JP