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.

Ultrasis UK Limited – in Administration

Paul Flint and David Costley-Wood were appointed Joint Administrators of Ultrasis UK Limited – in Administration (the ‘Company’) on 16 October 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.

The Company, together with its ultimate parent company, Ultrasis plc (in administration), operated two distinct business units: an e-Health business, providing online healthcare services for conditions such as depression and anxiety, and the Waterloo Health Clinic, providing health screenings, assessments and vaccinations primarily for the employees of corporate customers.

A sale of the e-Health business and assets to 365 Health and Wellbeing Ltd completed immediately following the appointment on 16 October 2015.

A sale of the Waterloo Health Clinic business and assets to ToHealth Ltd completed on 23 October 2015.

Further details on each of the sales are set out in the SIP 16 memorandum available below.

Statutory notices and reports

Notice of appointment 
SIP 16 Memorandum 
Joint Administrators’ Proposals 
Notice of deemed approval of Proposals 
1st Progress Report 
Notice of Extension 
Form 2.24B 
2nd Progress Report 
3rd Form 2.24B 
3rd Progress Report 
2nd Notice of Extension 
4th Progress Report 
Final Progress Report 

Paul Andrew Flint and David James Costley-Wood are authorised to act as insolvency practitioners by the Institute of Chartered Accountants in England & Wales.
We are bound by the Insolvency Code of Ethics.
The Officeholder(s) are 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.

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Ruth Pearson
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John Noon
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