I-Motion GYM Ltd (08293488): administration
- Status
- Administration ended
- Administration began
- 2018-06-13
- Administrators
- Steven Muncaster, Sarah Helen Bell
- Administrators' firm
- Kroll
- Formerly
- I-Gym Ltd
- Incorporated
- 2012-11-14
- Location
- Manchester
- Industry
- 93130 Fitness facilities
Why it went into administration
- Cash flow / liquidity pressure
- Property / lease costs
- Creditor pressure / legal action
From the administrators' statement
Statutory information on the Company and a summary of financial information is included at Appendix 1.
The Company was incorporated on 14 November 2012 in the name 1-Gym Limited, and commenced trading in 2013.
The business was founded to utilise fitness industry knowledge to establish affordable gym membership to local communities. Two value-for-money, no contract gyms were opened in England in 2013.
Administrators' statement of proposals (2018-08-08) · Companies House register