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Fat Freezing Body Treatments
Six staff were made redundant immediately following the administration. The popularity of the ProSkin operations, which later included standalone sites on London's Liverpool Street, Welbeck Street and Shepherd's Bush, as well as both Eldon Square and the Metrocentre, led to the original three Trueskin clinics being rebranded under the ProSkin name. Documents seen by Insider have also revealed the events leading up to the insolvency of the company behind the ProSkin brand, as well as the sum paid for the business and the anticipated shortfall to unsecured creditors. However, trading started to deteriorate towards the end of the year which led to the business undertaking a cost cutting exercise, including making redundancies, to offset losses. However, trading started to deteriorate towards the end of the year which led to the business undertaking a cost cutting exercise, including making redundancies, to offset losses. An offer was received for Cutis Developments Ltd's business and assets to be acquired via a pre-pack deal by Biosupplements Ltd, leading the directors to file the necessary administrator documents on 4 April to conclude the sale. Designed to make celebrity treatments accessible to the British public, the business traded successfully under the Trueskin and ProSkin banners but entered administration in March following a downturn in trade and an unsuccessful equity raising. Picture credit: At the end of , there were 12 ProSkin clinics employing a workforce of On 14 March, ReSolve Partners was contacted by company directors to discuss their options, with an intention to appoint an administrator notice filed four days later to "provide breathing space from creditor action".
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