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.

Hedge Capital Limited – in Administration

Tony Friar and Blair Nimmo were appointed Joint Administrators of Hedge Capital Limited – in Administration (the ‘Company’) on 7 June 2017. Following Tony Friar's resignation, Alistair McAlinden was appointed Joint Administrator by Order of Court with effect from 19 October 2018.

Statutory notices and reports

Letter to all known creditors 
Notice of appointment 
Joint Administrators’ Proposals 
letter to creditors - Joint Administrators' Propos 
Form AM03 Notice of administrators' proposals 
Letter to creditrors - Notice of deemed approvals 
Notice of deemed approval of Proposals 
Form AM10 Notice of administrators' progress report 
Progress report to 6 December 2017 
Letter to all known creditors - Notice of deemed consent for extension 
Notice of deemed consent for extension 
Form AM19 Notice of extension of period of administration 
Letter to creditors - notice of extension of administration 
AM10 Notice of administrators progress report 
Progress report to 6 June 2018 
Letter to creditors 
Form AM10 Notice of administrators progress report 
Progress report to 6 December 2018 
Form AM19 Notice of extension to 6 June 2020 
Letter to creditors re extension to 6 June 2020 
Letter to creditors dated 3 July 2019 
Form AM10 Notice of progress report to 6 June 2019 
Progress report to 6 June 2019 
Progress report to 6 December 2019 
Form AM10 Notice of progress to 6 December 2019 
Notice of Extension 
Progress Report to 6 June 2020 
Progress Report 07.06.20 to 06.12.20 
Letter to creditors 23.12.20 
Letter to creditors regarding extension 
Letter to creditors regarding progress report 
Joint Administrators 8th progress report 
Letter to creditors re progress report to 6 Dec 21 
Joint Administrators' 9th Progress Report 
Final Progress Report 
Notice of Automatic End 
All Known Borrowers Portal Notification 

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:

Hedge Capital 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.

Alistair McAlinden and Blair Carnegie Nimmo are authorised to act as insolvency practitioners by the Institute of Chartered Accountants of Scotland.
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. For further information, please see our Privacy Policy.


Contact us

Ross Penrose
Case contact
Tel 01313857924

Peter Burnett
Case Manager

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