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Fitness chain PureGym today revealed awful pre-tax losses of nearly £215million last year after burning about £500,000 per day and shedding 12 per cent of its members as its sites were forced to shut during the lockdown.  The Leeds-based company registered a massive 40 per cent plunge in revenue during 2020 as gyms were shut for 44 per cent of the year s trading days. In pre-pandemic 2019, it recorded losses of around £40million.  Despite trying to strike a note of optimism after gyms in England reopened on April 12, chief executive Humphrey Cobbold called the company s trading performance frankly awful and out of hands . The financial statement exceeds his stated fears of a £120million loss caused by shutdowns. 

South shieldsSouth tynesideUnited kingdomLeamington spaNorthern irelandCity ofHumphrey cobboldDavid lloyd cambridgeHuw edwardsPure gym ltdJohn lewis partnershipBritish airwaysHigh streetPure gymPuregym trustLeonard green