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.

DC RMS Ltd (previously traded as Drum Cussac) – in Administration

Will Wright and Mark Orton were appointed Joint Administrators of DC RMS Ltd (previously traded as Drum Cussac) – in Administration (the ‘Company’) on 17 February 2015.

The administration has come to an end. For further information, including the exit route from the administration, please refer to the final progress report.

Will Wright and Mark Orton were appointed Joint Administrators of DC RMS Holdings Limited ("Holdings") and DC RMS Limited ("DCRMS") (trading as Drum Cussac) on 17 February 2015, at the request of the Company’s directors.

Shortly following appointment, the Joint Administrators successfully concluded the pre-packaged sale of the Intelligence, Technology and Response part of the business to Drum Cussac Group Limited, a subsidiary of Root Capital LLP, an independent third party. As a result of the sale, 55 employees transferred to the purchaser.

The purchaser has continued trading the business under their control, and has contacted customers and suppliers directly regarding ongoing trade. The remaining elements of the business ceased trading on appointment. The majority of employees who did not transfer to the purchaser were made redundant on appointment.

A distribution of 100 pence per £ has been paid to those employees with preferential claims.

The prescribed part has been distributed to approved unsecured creditors. There will not be a further distribution and all available funds have been utilised.

The Joint Administrators have issued their final progress report and notice of dissolution which have also been submitted to Companies House. When Companies House files these documents the administration will end and the Joint Administrators will cease to act.

Should you have any other queries which are not answered on this site, please contact Victoria Sayin (++ 44  (0) 121 609 5867) Victoria.sayin@interpathadvisory.com).

Statutory notices and reports

Creditor Letter with Notice of Appointment 
Notice of appointment 
SIP 16 Memorandum 
Joint Administrators’ Proposals 
Notice of conduct of business by correspondence 
Notice of deemed approval of Proposals 
1st Progress Report 
Notice of Extension 
2nd Progress Report 
Form 2.24b 
3rd Progress Report 
Final Progress Report 
Form 2.35b Notice of dissolution 

William James Wright is authorised to act as an insolvency practitioner by the Institute of Chartered Accountants in England & Wales.
Mark Jeremy Orton 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

Victoria Sayin
Case contact
Tel +44 (0) 121 817 8639
Fax +44 (0) 121 817 8610

Sally Wheelwright
Case Manager

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