Dream Fitness Limited (08671445): administration
- Status
- Administration ended
- Administration began
- 2021-08-06
- Incorporated
- 2013-09-02
- Location
- Handforth
- Industry
- 93130 Fitness facilities
Why it went into administration
- COVID-19
From the administrators' statement
The Company is a fitness company, operating gyms from 2 sites in the south of England. As at the date of administration it had 15 employees covering gym management, security, cleaning, instruction and personai training.
The Company has operated since 2013. It operated successfully, increasing membership and turnover to £600k per annum.
The COVID19 pandemic hit in March 2020 which saw the closure of gyms for significant periods of the financial years 2020 and 2021. This has had an impact on membership and turnover and therefore profits.
Administrators' statement of proposals (2021-09-09) · Companies House register