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yesterday

Bodycare Poised to Enter Administration, Putting 1,500 Jobs and 149 Stores at Risk

The expected move follows years of post‑pandemic losses despite a recent £7m inventory‑backed lifeline.

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Overview

  • Administrators from Interpath Advisory are expected to be appointed as soon as Friday, according to Sky News.
  • About 1,500 employees and nearly 150 shops could be affected if the health and beauty chain enters insolvency.
  • Baaj Capital, the owner run by Jas Singh, is viewed as a likely bidder to buy back some or all of the business.
  • The company secured a £7m debt facility in July that was secured against retail inventory to provide short‑term relief.
  • Bodycare’s website shows a "shop closed" message as the company works with Interpath; Baaj was contacted for comment and Interpath declined to comment.