# Skinsmiths Clinics UK Limited (10838014)

> Why UK company 10838014 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/10838014

- **Status:** Administration ended
- **Administration began:** 2021-04-08
- **Administrators:** David Robert Baxendale, Rachael Wilkinson
- **Administrators' firm:** PwC
- **Formerly:** FAB Group UK Limited
- **Incorporated:** 2017-06-27
- **Location:** Leeds
- **Industry:** 86220 Specialists medical practice activities

## Why it went into administration

- Sustained trading losses
- COVID-19
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- Property / lease costs

## From the administrators' statement

Skinsmiths was brought to the UK in 2017 by the shareholder who had run and operated a successful skincare business in New Zealand over the last 20 years. Refer to Appendix A for a group structure at the date of our appointment.

The Companies operate skincare and other cosmetic treatment clinics across 10 sites based in London and the surrounding areas. Skinsmiths provide a subscription based business model to their customers offering an agreed number of treatments over a period of time which is paid for on an annual or monthly basis. At the date of our appointment, the Companies employed 52 people in the UK across their portfolio of retail stores.

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/10838014/filing-history/MzI5NzkxODE5MmFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/10838014

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.