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.

Poundstretcher Properties Limited – in Administration

Will Wright and David Costley-Wood were appointed Joint Administrators of Poundstretcher Properties Limited – in Administration (the ‘Company’) on 22 July 2020. Following David Costley-Wood’s resignation, Stephen Absolom was appointed Joint Administrator by Order of Court with effect from 18 March 2021. Following Steve Absolom’s resignation, Chris Pole was appointed Joint Administrator by Order of Court with effect from 10 June 2022.

Statutory notices and reports

Notice of appointment 
Initial letter to creditors on appointment 
Notice of creditors right to elect to become an opted-out creditor 
Notice of creditors right to revoke decision to opt-out 
Notice of Joint Administrators' Proposals 
Joint Administrators’ Proposals 
Notice of deemed approval of Proposals 
First Progress Report 
Letter to creditors notifying of an extension 
Second progress report 
Joint Administrators' third progress report 
Notice to creditors of move from administration to dissolution 
Administrators' 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:

Poundstretcher Properties 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.

William James Wright and Christopher Robert Pole 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 Officeholders 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. For further information, please see our Privacy Policy.

Contact us

Rinku Jacob
Case contact
Tel +44 (0) 121 817 8631
Fax +44 (0) 121 817 8610

Ria Townson
Case Manager

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