LOSSES at the Jackie Skelly Fitness clubs had totalled just over €10 million at the time it was taken over last year.

AN average of five companies per day went out of business last month, as the rate of business failures jumped by 33% on January’s levels.

Jackie Skelly Fitness (JSF) today has welcomed the appointment of Kieran Wallace of KPMG as Examiner.

GYM operator Jackie Skelly Fitness saw pre-tax profits climb 20% in the year to November 2006.