Talk to us today in confidence0800 970053907833 240747

Scottish Slimmers Goes Bust And Ends Up In Liquidation

Written by Robert Moore Marketing Manager 1 April 2019

Be the first to comment

Scottish Slimmers has gone into liquidation and all 140 branches have closed.  30 members of staff have been made redundant.  The main website though is not run by the company and will be unaffected.  However those who have paid in advance for courses with trainers will not receive a refund.

A statement released on behalf of the firm read: “Scottish Slimmers (2009) Ltd has ceased trading with effect from midnight on Friday March 29 2019.  “A directors’ petition to appoint a liquidator, with a view to appointing Blair Milne, restructuring partner based in Campbell Dallas’ Glasgow office, was lodged today (Monday April 1 2019)

Amanda Boyle, who became Chief Executive last year said that the business was struggling with the legacy issues of the network or training centres.

So basically they had too many training centres that were not making any money.  With 30 people managing 140 centres does mean that perhaps financial controls were not in place?

Comments

Post a Comment

Please keep your comments relevant. Company Rescue reserves the right to edit or delete comments.

The blog postings on this site solely reflect the personal views of the authors and do not necessarily represent the views, positions, strategies or opinions of Company Rescue. All comments are made in good faith, and Company Rescue will not accept liability for them. We may contact you in response to your comment – by submitting your comment, you are consenting to this.

To find out more about how we collect, use and protect your data, please read our privacy policy.

You are currently offline. Some pages or content may fail to load.