It has been consumed in the nick of time (6)

I believe the answer is:

skilly

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'it has been consumed in the nick of time' is the definition.
The definition suggests a singular noun which matches the answer.

This is all the clue.

Can you help me to learn more?

(Other definitions for skilly that I've seen before include "some soup" , "Thin gruel" .)

I've seen this clue in the Evening Standard.

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