Hundreds of members of a popular ladies’ gym in Sheffield could be left out of pocket as the company ceases trading.
LadyZone Ltd, which has sites off Ecclesall Road and Middlewood Road, Hillsborough, closed suddenly last week.
Equipment has already been removed from the Greystones gym. Members, which total 420 between the two sites, were told to leave their details when they called a phone service.
Now it has been confirmed the company, whose director is Jamie Cartwright, has ceased trading.
A creditors’ meeting is due to be held on Friday, May 22.
Diane Dunion, insolvency practitioner from Dunion and Co in Stoke-on-Trent, said there had been a ‘potential buyer’ for the business up until last week.
She said: “At the moment we are assisting the director with placing the company into voluntary liquidation.
“There is unlikely to be any return to unsecured creditors. Those gym members who paid by credit card should be able to get their payments returned through the credit card company.
“The director had no option but to cease trading because the company was insolvent.”
Staff who were directly employed by the company have been advised they should be able to get any wage payments owed. Letters were also sent out to all gym members on Tuesday.
“It’s absolutely shocking”, said Helen Beech, a member for two years at the Greystones gym.
“A month ago I paid a year’s subscription of £282.
“My friend has been going for six years and she always paid upfront too.
“It was a very popular ladies’ gym and a lot of people are very distressed. They haven’t even had the decency to stick a note on the door or to tell anybody what to do.
“They must have closed the gym overnight on the Thursday and then they have moved everything out.”
A former staff member said employees had been told by email that gyms were closing.
She said: “Payday was meant to be Monday for five weeks’ work, on Friday they conveniently closed the gym and made us redundant. It’s shocking members won’t get refunds - a lot of them are single mums or pensioners.”
Member Ann Coy added: “We had a text on Thursday to say the gym would be closedFriday due to unforeseen circumstances. “I went on Saturday and it was still shut - nobody seems to know anything.”