Planestation promised the bank/other investors that they would have an average of 600,000+ pax six weeks ago, they couldn't achieve 300,000 two weeks ago. The remainder of the business plan was also going rapidly south - little wonder that the plug was pulled.
The only future Manston has would perhaps be as a freight airport, even that is extremely unlikely as there are many issues to sort out, which cannot be funded by the administrators.
A cash injection of £1m is required simply to get the place up and running, and that's assuming that key staff such as engineers and atco's can be persuaded to stay on the books.
No one in the private sector with any credibility will be interested, and no one in their right mind will stay if another job is available.
It doesn't look good.