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Scottish Slimmers cancels all classes after falling into liquidation – The Scotsman

Weight loss organisation Scottish Slimmers has gone into liquidation – with all classes suspended with immediate effect.

Thousands of customers will be left out of pocket after the company, which was bought by entrepreneur Amanda Boyle last year, said that refunds would not be given on membership passes and that all classes would cease operating with immediate effect. Thirty members of staff including those in headquarters and coaches across the 140-strong class network are affected.

Chief executive Ms Boyle said that the structure of the classes, as well as “legacy issues” around the financial model for the company, were “unsustainable”, adding that the company had been unable to rely on previous reporting and c…

Read the full article at: https://www.scotsman.com/news/scottish-slimmers-cancels-all-classes-after-falling-into-liquidation-leaving-customers-out-of-pocket-1-4899307

Category: LiquidationBy Insolvency GuardianApril 1, 2019

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Scottish Slimmers cancels all classes after falling into liquidation – The Scotsman

Weight loss organisation Scottish Slimmers has gone into liquidation – with all classes suspended with immediate effect.

Thousands of customers will be left out of pocket after the company, which was bought by entrepreneur Amanda Boyle last year, said that refunds would not be given on membership passes and that all classes would cease operating with immediate effect. Thirty members of staff including those in headquarters and coaches across the 140-strong class network are affected.

Chief executive Ms Boyle said that the structure of the classes, as well as “legacy issues” around the financial model for the company, were “unsustainable”, adding that the company had been unable to rely on previous reporting and c…

Read the full article at: https://www.scotsman.com/news/scottish-slimmers-cancels-all-classes-after-falling-into-liquidation-1-4899307

Category: LiquidationBy Insolvency GuardianApril 1, 2019

Post navigation

PreviousPrevious post:MDX Technology undergoes corporate restructuring – FinextraNextNext post:Scottish Slimmers cancels all classes after falling into liquidation – The Scotsman

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After Chapter 11 bankruptcy, fast-food chain faces liquidation – MSN
June 7, 2025
Singapore-based Chinese firm CCIC faces liquidation after layoffs – Dimsum Daily
June 7, 2025
Toys R Us collapses again, goes into administration – Inside Retail Asia
June 7, 2025
Subsequent Application U/S 95 IBC Is Barred Where Proceedings Against Same Personal Guarantor Are Already Pending: NCLAT, Chennai
June 7, 2025
Debaranjan Goswami
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Evaluation of the Reorganization Value of Delisted Companies – Lexology
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