Gym Group profit doubles as fitness firm flexes its muscles Retail The Gym Group more than doubled its profit as it bulks up its low-cost fitness offering and opens new sites. The low-cost fitness group posted pre-tax profit of £10.6m in the year to December 2025, up 194 per cent from last year, as revenue nudged up eight per cent to £245m. London’s only listed gym [...]
JD Gyms eyes UK expansion after putting millions into refurbs Retail JD Gyms is set to open its 100th gym in the UK as the chain muscles in on the 24-hour fitness sector and sets its sights on further expansion. The Wigan-based chain, which is part of the global retail group JD Sports Fashion, will mark the milestone with the launch in Enfield, north London, in [...]
Branson-backed Virgin Active slashes losses amid WFH battle Business Virgin Active, the gym chain founded by Sir Richard Branson, has significantly slashed its losses as its battle with the work-from-home trend continues. The business, which runs 224 international locations, has reported a pre-ax loss of £78.1m for 2024, down significantly from the £146.7m it lost in 2023. New accounts filed with Companies House also [...]
Luxury gym Third Space sees profit double after membership surge September 16, 2025 Third Space has reported a more than doubling of profits after an expansion in venues helped drive a surge in memberships. The London-based luxury gym club, which operates more than a dozen sites across the capital, posted a 115 per cent rise in pre-tax profit to £11.1m in 2024, accounts published to Companies House show. [...]
The Gym Group shares slide as largest investor reveals sell-off July 17, 2025 The largest single shareholder in The Gym Group has revealed plans to significantly slash its stake. Blantyre Capital is looking to offload around five per cent of its shares in the London-listed company to other institutional investors. The investor currently has a stake of just under 12 per cent in The Gym Group and is [...]
The Apprentice winner makes first profit after Lord Alan Sugar backing July 10, 2025 A winner of hit BBC show The Apprentice has seen her company enter the black for the first time after Lord Alan Sugar signed up as an investor. Rachel Woolford emerged victorious in 2024’s series after triumphing over pie company chief Phil Turner in the final. As a result, Woolford secured a £250,000 investment from [...]
David Lloyd: Padel and pickleball help chain make first profit in over a decade June 13, 2025 The rising popularity of padel and pickleball has helped health club chain David Lloyd make a profit for the first time since being acquired by private equity giant TDR Capital. The Hertfordshire-headquartered chain has reported a pre-tax profit of £32.2m for 2024, new accounts filed with Companies House have revealed. The results come after the [...]
PureGym: Losses near £90m amid huge expansion drive May 29, 2025 Losses at PureGym widened to almost £90m as it created hundreds of jobs and opened new locations in 2024, it has been revealed. The Leeds-headquartered low-cost chain has posted a pre-tax loss of £88.5m for its latest financial year, after having also lost £77.6m in the prior 12 months. In 2024, PureGym increased its headcount [...]
Boardroom Uncovered: Are Gen Z ditching the pub for the gym? May 27, 2025 In this episode of Boardroom Uncovered, the chief executive of The Gym Group explains that Gen Z are ditching the pub and instead choosing to socialise with their friends at the gym.
Are Gen Z ditching the pub for the gym? May 27, 2025 Gen Z are ditching the pub and choosing to socialise with their friends at the gym more, the boss of one of the UK's largest chains has said.