Barrecore and Boom Cycle owner suddenly shuts studios
Summary
Common Bond, the company that owns Barrecore, Boom Cycle, and Kobox fitness studios, has suddenly closed all its London locations until further notice. Customers were informed by email, and some instructors reported pay delays and learning about the closure only through the email.Key Facts
- Common Bond owns several fitness brands, including Barrecore, Boom Cycle, Kobox, Reformcore, and Triyoga.
- All Common Bond studios in London are closed "until further notice."
- Customers received an email notification about the closures.
- Instructors were told their payments would be delayed and only learned about the closures from the email.
- The company was formed in June last year and has not published financial accounts yet.
- The company’s website is no longer publicly available.
- There is uncertainty about how many customers and instructors are affected.
- A director named Ben Allen left the company last month; Gaspar Lipszyc is currently the only listed director.
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