On 4 May 2021 KPMG LLP sold its UK Restructuring business to Interpath Ltd (trading as Interpath Advisory), a newly-formed company which is backed by H.I.G. Europe, the European affiliate of H.I.G. Capital, LLC. The office holders mentioned below have transferred from KPMG to Interpath Advisory and remain in office. Further details of the sale are available on the KPMG website here.

Avalon Investment Services Limited – in Special Administration

David Pike, Samantha Bewick and David Standish were appointed Joint Special Administrators of Avalon Investment Services Limited – in Administration (the ‘Company’) on 23 February 2016.

On 25 February 2016, the Joint Special Administrators completed a sale of the entire business as a going concern to Embark Investment Services Limited, a subsidiary of Embark Group Limited ("the Purchaser").

All client accounts have now transferred to the Purchaser following the sale.

The Purchaser has been in contact with all clients/investors and should be contacted directly with regard to any ongoing investment matters.The Purchaser’s contact details are set out below:

Embark Investment Services Limited, 2 Market Place, Tetbury, Gloucestershire, GL8 8DA. Enquires should be directed for the attention of Alison Sheppard at the above address (Tel: 01666 3334000.).  

The Joint Special Administrators continue to realise the remaining assets of the Company. However, there is not anticipated to be any funds available to enable a dividend to be paid to unsecured creditors in this case. Please see the Joint Administrators' Proposals and Progress Reports for further information on the conduct of the Administration.

If you have any matters that you wish to bring to the attention of the Joint Special Administrators, please write to the following address: Avalon Investment Services Limited (in special administration) c/o Interpath Advisory, 66 Queen Square, Bristol, BS1 4BE, United Kingdom

Kind regards,

The Joint Special Administrators For and on behalf of the Company

Statutory notices and reports

Notice of appointment 
Letter to all clients and creditors 
Client update regarding change of operator 
Client update - Sale of Business 
IFA update - change of operator 
Frequently Asked Questions - updated 
Joint Administrators’ Proposals 
Notice of conduct of business by correspondence 
Letter to creditors regarding proposals 
Form 2.23B - notice of result of conduct of business by correspondence 
Letter to creditors following physical meeting 
Notice of result of meeting of creditors 
Chairman's report 
Form 2.24B 
1st Progress Report 
Creditors letter 
2nd Progress Report 
Form to accompany second progress report 
3rd Progress Report 
4th Progress Report 
Court Order of 26 March 2018 
Form 2.35B Notice of move from Special Administration to dissolution 
Final Progress Report 

How to submit a claim

If you have amounts due to you from the Company as at the date of appointment, you can register a claim by completing a proof of debt form.

Please send your completed proof of debt form, together with supporting documentation, by email to the case contact or by post to:

Avalon Investment Services Limited – in Administration
C/o Interpath Advisory
5th Floor
130 St Vincent Street
Glasgow G2 5HF

Supporting documentation for your claim includes invoices, statements of account, proofs of delivery, contracts or any other relevant information.

David John Pike and Samantha Rae Bewick are authorised to act as insolvency practitioners by the Institute of Chartered Accountants in England & Wales.
David John Standish is authorised to act as an insolvency practitioner by the Insolvency Practitioners Association.
We are bound by the Insolvency Code of Ethics.
The Officeholder(s) may be Data Controllers of personal data as defined by the Data Protection Act 2018. Personal data will be kept secure and processed only for matters relating to the appointment. Please refer to our Privacy Policy for further information.

Contact us

Case contact
Tel 0333 200 3405

Case Manager

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