Ian D Uttley BAHons MBA

1987 – 2018 Ian Uttley 31 years of management consultancy
  • Home
  • About Ian
  • Contact
RSS

Categories

  • Business News and Opinions
  • Management Development
  • Media
  • Ryburn Consultancy
  • Training and Nutrition
  • Uncategorized

Pages

  • About Ian
  • Contact
  • Home

Follow me on Twitter

My Tweets

Improving Fitness is all about teaching – Fitness First on the way out!

Jun01
by admin on June 1, 2012 at 10:24 pm
Posted In: Business News and Opinions

Fitness First plans CVA for 81 clubs with 750 jobs put in the balance

Troubled gym chain Fitness First has told creditors it intends to offload 81   clubs in a company voluntary arrangement that leaves up to 750 jobs in the   balance.

Fitness First, which has asked landlords to agree to a CVA
Daily Telegraph

The CVA, first revealed by The Daily Telegraph, will help the company avoid going into administration by giving up onerous leases it can no longer afford.

Founded in Bournemouth in 1993, Fitness First has about 150 gyms in the UK and is struggling to keep up rental payments after a drop in membership revenues.

CVAs have been controversial in the past because they leave landlords out of pocket. However, in the case of Fitness First, the company has offered landlords a “claw-back” on future profits if they agree to sign up to the deal.

Richard Fleming, who heads restructuring at KPMG and is supervising the CVA, said landlords could recover between 23p and 28p in the £1, compared to less than 5p in the £1 if the business went into administration.

 Comment 

25th Anniversary

Jun01
by admin on June 1, 2012 at 10:20 pm
Posted In: Ryburn Consultancy

June 2012 is the 25th anniversary of Ryburn Fitness and Ryburn Management Consultants.

On to the next 25 years. And Ian is launching his new blog / website.

Lots of news and ideas – keep coming back to Ian’s site.

└ Tags: Ian Uttley, Ryburn
 Comment 

Coming soon!

May31
by admin on May 31, 2012 at 6:37 am
Posted In: Ryburn Consultancy

New website and news service from Ian Uttley

 Comment 
  • Page 12 of 12
  • « First
  • «
  • 8
  • 9
  • 10
  • 11
  • 12

Categories

  • Business News and Opinions
  • Management Development
  • Media
  • Ryburn Consultancy
  • Training and Nutrition
  • Uncategorized

Blogroll

  • Express Office Solutions
  • Ryburn Business Consultants and Advisors
  • Ryburn Finance Group
  • Silatec.com

Archives

  • October 2018
  • October 2017
  • April 2017
  • March 2017
  • July 2016
  • January 2016
  • December 2015
  • July 2015
  • May 2015
  • April 2015
  • February 2015
  • January 2015
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • April 2014
  • February 2014
  • January 2014
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
February 2021
M T W T F S S
« Oct    
1234567
891011121314
15161718192021
22232425262728

©0-2018 Ian Uttley 2012 | Powered by WordPress with Easel | Subscribe: RSS | Back to Top ↑