Laserase Limited (03226276): administration
- Status
- Administration ended
- Administration began
- 2015-01-21
- Administrators
- Trevor John Binyon, Steven John Parker
- Administrators' firm
- Opus Restructuring
- Formerly
- Laserbin Limited
- Incorporated
- 1996-07-17
- Location
- Milton Keynes
- Industry
- 86220 Specialists medical practice activities
Why it went into administration
- Loss of a key customer, supplier or contract
- Regulatory change or action
- Competition / price pressure
From the administrators' statement
Laserase Limited (‘the Company’) was incorporated in July 1996 and began trading in October 1996 from premises in South Woodford, London and only offered laser tattoo removal At thts time, the Company operated with one empioyee (other than the Director), who attended to the chnic administration The laser was operated by two self-employed doctors, which was a regulatory requirement at that time
The Company joined the Laserase Network, which was a form of franchise of nationwide independent businesses that operated under the “Laserase” name, mostly sharing information and marketing opportunities The Company traded as Laserase in the first few years, but then changed its trading name to “The Body Clinic” to reflect the wider range of services that the Company offered The Company, however, remained a member of the Laserase Network
Within a year of commencing trading, the Company expanded to also offer laser hair removal, and added treatments such as cellulite treatments, anti-ageing treatments, skin rejuvenation, anti-wrinkle injections and dermal fillers The treatments, which were initially carned out by self-employed doctors, then moved on to be administered, where appropriate, by nurses and more latterly trained therapists
Administrators' statement of proposals (2015-03-24) · Companies House register