Cranley Clinic Limited (10054624): administration
- Status
- Administration ended
- Administration began
- 2023-06-14
- Administrators
- Andrew James Pear, Michael Stephen Elliot Solomons
- Administrators' firm
- Moorfields
- Incorporated
- 2016-03-10
- Location
- London
- Industry
- 86220 Specialists medical practice activities
Why it went into administration
- Sustained trading losses
- COVID-19
- Cash flow / liquidity pressure
From the administrators' statement
Background to the Company
The Company was incorporated on 10 March 2016 and traded from leasehold premises at 106 Harley Street, London, W1G 7JE.
The Company operated as a cosmetics clinic, providing dermatology, skin health and cosmetic procedures and treatments, and had been profitable up until the global pandemic. The business was impacted by frequent lockdowns which halted appointments and thus revenue declined. This resulted in ongoing losses and creditor accruals which it was unable to recover from.
Administrators' statement of proposals (2023-07-31) · Companies House register