Common Bond, a wellness collective operating several high-end fitness brands, has unexpectedly shuttered all of its studio locations across London. The company notified customers via email on Wednesday that facilities would remain closed indefinitely, citing the need to work through unspecified issues. The firm operates Barrecore, Boom Cycle, Kobox, Reformcore, and Triyoga, charging £2,400 annually for unlimited class access.
Instructors reported receiving notice of delayed payments the week prior, with some stating they were informed on August 14 that compensation would not arrive as scheduled. Several staff members continued working in good faith without clarity on payment timelines or closure plans, learning of the studio shutdowns only through the customer email. Employees indicated they have received no updates since being notified of the closures.
Common Bond was incorporated in June last year and has not yet filed any accounts with Companies House. Recent corporate filings indicate that director Ben Allen departed from the role last month, leaving Gaspar Lipszyc, a Belgian national listed as residing in Spain, as the sole director currently on record. The exact number of employees and customers affected remains unclear.
Barrecore specializes in barre fitness, a low-impact discipline combining elements of pilates, ballet, and yoga. The exercise methodology has experienced increased popularity in recent years, with various public figures having publicly endorsed its benefits. The company’s website is currently inaccessible to the public. The BBC has sought comment from Common Bond regarding the situation.
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