Barrecore and Boom Cycle owner suddenly shuts studios

Common Bond, a London‑based wellness collective that operates the Reformcore and Triyoga brands and offers a £2,400 annual membership for unlimited classes, announced on Wednesday that all of its studios were closed “until further notice.” The abrupt email to customers confirmed the shutdown of every location the company runs, and its website has since gone offline. Instructors who teach at the studios said they learned of the closures only from the same email and were simultaneously informed that their pay, due on 14 August, would be delayed, leaving many without income and members without access to their classes.

The sudden closure appears linked to financial strain within the company. Instructors reported that they were told their wages would not be paid on time, and one teacher said she continued to teach “in good faith” despite receiving no further communication from management. Companies House records show Common Bond was incorporated in June of the previous year and has not yet filed any accounts, suggesting limited financial transparency. A recent filing indicates that director Ben Allen departed the board last month, leaving Gaspar Lipszyc, a Belgian national residing in Spain, as the sole listed director, raising questions about the firm’s governance and stability.

The impact of the shutdown reverberates among both staff and members, though the exact number affected remains unclear. With the website inaccessible and no comment from the company after the BBC’s inquiry, customers are left waiting for clarification on refunds or future reopening plans. The situation also highlights broader concerns in the boutique fitness sector, where rapid growth of popular disciplines like barre—championed by high‑profile figures such as Pippa Middleton—can mask underlying financial vulnerabilities that, when exposed, leave both instructors and clients abruptly stranded.

⚡ Effects Interpreter