Company Directory / The Gym Group Plc

Business Description

"The Gym Group is a fast growing, leading disruptive provider of high quality low cost gyms, with 158 gyms in major towns and cities nationwide ....l and has now grown to over 724,000 members.

Our promise:
• No obligation – Contract? What contract?
• No high prices – Monthly membership from £10.99 - the price of a few cups of coffee.
• No closing times – Most of our gyms are open 24/7, 360+ days of the year.
• No more waiting – Does your gym have 170+ items of kit and free weights? Ours do.
• No excuses – Got a problem? Our team will be more than happy to help when something’s not quite right.

…free WIFI. Most of our instructor lead classes are free and all are structured around your ability.

The Gym Group was founded by John Treharne, a former England squash player, in 2008. John has a long and successful history in the gym business. He opened his first health club chain, Dragons Health Clubs, in 1991, building the business to a total of 22 clubs. He floated the company in 1997, and in 2000 he and his investors sold it on. He then spent time lending his expertise to premium gym chain Esporta, before concentrating on the launch of The Gym Group.

Our first Gym opened in Hounslow in 2008. It was a roaring success, and was swiftly followed by Guildford and Vauxhall. Within the first three years we’d opened 20 Gyms

The Gym Group has been funded and supported, since inception in 2008, by BRIDGES VENTURES who have committed £17.5m to the business.

November 2015 …floated on the main market of the London Stock Exchange ... the first European gym operator to float in more than a decade. ...raised £125m from new investors.

December 2012 … Sunday Times Fast Track 100 - ranked no. 13

March 2013 ….15th place The Sunday Times 100 Best Small Companies to Work For list."

Key Fundamentals 31-Dec-13 31-Dec-14 31-Dec-15 31-Dec-16 31-Dec-17
Revenue (£ m) n/a 45.48 59.98 73.54 91.38
Pre-Tax (£ m) n/a -9.44 -12.38 6.94 9.19

Registered Address

Fifth Floor, No 1 Croydon
12-16 Addiscombe Road
Croydon
CR0 0XT

Contact Details

Previous Names

NamePeriod
THE GYM GROUP LIMITED 2015-10-15 - 2015-11-02
THE GYM GROUP HOLDINGS LIMITED 2013-07-05 - 2015-10-15
PROJECT GALAXY TOPCO LIMITED 2013-05-14 - 2013-07-05

Key Data

Sector
5755 Recreational Services
Company Number
08528493
Type
Public Limited Company
Company Age
6 years
Incorporated
May 14, 2013
Status
Active
Nature of Business
64209 - Activities of other holding companies n.e.c.
Year End
December 31
Accounts Due
June 30, 2020
Latest Accounts
December 31, 2017

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