Administrators appointed to GSD Realisations Limited | KPMG | UK

Administrators appointed to GSD Realisations Limited (formerly Good Skin Days Limited)

Administrators appointed to GSD Realisations Limited

Howard Smith and Richard Philpott from KPMG’s Restructuring practice were appointed joint administrators to GSD Realisations Limited (formerly Good Skin Days Limited ) and Good Skin Days Online Limited on 24 May 2018.

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Howard Smith and Richard Philpott from KPMG’s Restructuring practice were appointed joint administrators to GSD Realisations Limited (formerly Good Skin Days Limited ) and Good Skin Days Online Limited on 24 May 2018.

The company operated two clinics in Guiseley and Harrogate specialising in skin surgery and cosmetic skin treatments, in addition to operating an online shop selling cosmetic products.

Immediately following the appointment of the joint administrators, the business and its assets were sold to a connected limited company called Hamsard 3487 Limited. All 16 employees have transferred to the new company with immediate effect.

Howard Smith, associate partner at KPMG and joint administrator said, “The business had recently undergone a period of management change which created significant trading uncertainty. Following a marketing process, we are pleased to have been able to conclude a sale of the business, preserving all jobs and providing continuity for customers.  We understand that the purchaser is now looking to grow the business.”

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