company voluntary arrangement news

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

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

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

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 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

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

Fitness First CEO Andrew Cosslett believes the gym chain has put its darkest days behind it, pointing to improving financial figures released today (11 May) ... More

Pure Gym is the reported frontrunner in a three-horse race to buy LA fitness for £80m, with Fitness First and Sports Direct Fitness also in ... More

Sports Direct is bidding to scale up its dual-use gym and retail concept – part of plans to create a 200-strong UK gym empire – ... More

Not-for-profit trust Freedom Leisure has acquired three gyms formerly owned by LA fitness as part of an inaugural push into the private sector. The sites ... More

LA fitness has converted its flagship South Kensington club into the chain’s second LAX site, signalling its commitment to driving forward with the new premium ... More

LA fitness CEO Martin Long has played down media speculation that LA fitness will offload more than the 33 clubs outlined in its CVA (company ... More

Following the news that JD Sports plans to incorporate a JD Gym into its major Newcastle store, retail and health club rival Sports Direct is ... More

Having launched the first Sports Direct Fitness.com gym earlier this week, the newest entrant to the health club industry is aiming to make an instant ... More

Sports Direct International has today taken over its first health club – the former LA fitness site in Sale, Manchester – after a deal was ... More

Fitness First has raised a new £115m debt facility that will be used to pay off an existing loan from shareholders and underpin the group’s ... More

Sports Direct International – the company founded by Newcastle United owner Mike Ashley – is considering a high-profile arrival in the health clubs sector with ... More

LA fitness has secured approval from the required majority of creditors for its company voluntary arrangements (CVAs) which include the proposed sale for 33 of ... More

LA Fitness has announced it wants to sell 33 of its 80 clubs as part of a restructuring plan to help secure its long-term future. ... More

LA fitness has rolled out its new high intensity, 20-minute signature classes across its UK and Ireland clubs, following their popularity at the operator's new ... More

Health club operator Fitness First has completed its restructuring, following a turbulent two-year period during which the privately-owned group has struggled under a burden of ... More

Image: One of Travelodge's UK budget hotels UK budget hotel group Travelodge has moved to secure its long-term future after agreeing a financial restructuring, while ... More