CVA news

Total Fitness has released results for its most recent financial year (to June 23), which saw a return to pre-COVID membership levels following a year-on-year ... More

Total Fitness is looking to expand its operations and upgrade its club portfolio after securing a £6.5m loan from OakNorth Bank. The health club operator ... More

Fitness First has filed a Court Order for restructuring at Companies House in the UK – the document is currently being processed, with details due ... More

London Resort Company Holdings (LRCH), the company behind plans to build a theme park resort in Swanscombe, Kent, has called in administrators with the aim ... More

Total Fitness says its membership numbers are back to pre-COVID-19 levels. With fifteen clubs in the north of England, the company said eight sites – ... More

Boutique boxing brand UBX is coming to the UK and Ireland following the signing of a master franchise deal with Empowered Brands. Franchise investment business ... More

Total Fitness plans to launch a new-style health club model, with plans already in the development stages, according to Total Fitness CEO, Sophie Lawler. Speaking ... More

A court has given Virgin Active the green light to erase the rent arrears it had accrued during pandemic lockdowns. The wiping out of the ... More

Jan Spaticchia, founder and chair of énergie Fitness has died aged 51 following a short illness. Spaticchia was also chair of the recently-launched Empowered Brands ... More

Empowered Brands, the franchise investment business that acquired énergie Fitness out of a CVA in June 2020, has announced plans to accelerate the roll-out of ... More

Total Fitness is entering into a company voluntary arrangement (CVA), after being hit hard by the pandemic lockdowns. The company, which has 17 clubs in ... More

Be Military Fit (BMF) has completed a restructuring project, designed to transform the outdoor fitness provider from a centrally-led company into a franchise business. Shareholders ... More

Female-friendly fitness operator Sweat! has closed its doors, just nine months after it revealed ambitious plans to roll out a network of in-store gyms at ... More

People who seek medical advice about weight loss have hugely different outcomes depending on how their doctor addresses the matter – and how sympathetic they ... More

Alpamare's waterpark in Scarborough, UK, has fended off the threat of legal action from creditors after it was able to secure a Company Voluntary Agreement ... More

UKinbound has publicly backed the government's much-maligned Brexit deal, saying that it would offer some measure of stability by avoiding a "disastrous no-deal" exit. The ... More

The government's autumn budget – the last fiscal event before the UK leaves the European Union in March – has largely ignored the leisure industry, ... More

Five-a-side football centre operator Powerleague will begin restructuring its business after the firm's creditors accepted plans for a company voluntary agreement (CVA). Creditors voted in ... More

A proposed Company Voluntary Arrangement (CVA) to restructure 5-a-side football operator Powerleague would lead to the closure of 13 of the company’s 50 sites in ... More

The UK travel industry has offered a "cautious welcome" to the government’s Brexit white paper, after the document acknowledged some of the sector's key concerns ... More

The soon-to-be-built Estadio Metropolitano in Madrid and the Olympic Stadium in the Azerbaijani capital Baku are vying to host the UEFA Champions League final in ... More

A little known amendment to taxation laws means UK health clubs could be entitled to reclaim thousands of pounds worth of VAT on their current ... More

The potential sale of Fitness First UK has sparked “a significant amount of interest,” with the recovering gym chain having caught the attention of a ... More

Heritage theme park Dreamland is in troubled waters, entering into a voluntary debt plan just six months after the historic attraction reopened to the public. ... More

Pure Gym has emerged as the victor of the long-running race to acquire LA fitness. The gym chain helmed by Humphrey Cobbold has been in ... More