About GymWorks
GymWorks is a company based in Preston (United Kingdom) founded in 2013 by Peter Guy.. GymWorks offers products and services including Gym Membership, Fitness Classes, and Free Weights Section. GymWorks operates in a competitive market with competitors including PureGym, The Gym Group, Xercise4less, Ultimate Performance and Blok London, among others.
- Headquarter Preston, United Kingdom
- Founders Peter Guy
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Gymworks
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$408.94 K (USD), Debt – Conventional
Dec 12, 2023
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Investors
NatWest Group
& 1 more
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Employee Count
Employee Count
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Products & Services of GymWorks
GymWorks offers a comprehensive portfolio of products and services, including Gym Membership, Fitness Classes, and Free Weights Section. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides affordable access to gym equipment and classes for members.
Offers group classes like Les Mills and Yoga for fitness enthusiasts.
Features extensive equipment for strength and weight training activities.
Funding Insights of GymWorks
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $408,937
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First Round
First Round
(12 Dec 2023)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2023 | Amount | Debt – Conventional - GymWorks | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in GymWorks
GymWorks has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include NatWest Group and Royal Bank of Scotland. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Commercial bank
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Founded Year | Domain | Location | |
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Commercial bank
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by GymWorks
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - GymWorks
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Gymworks Comparisons
Competitors of GymWorks
GymWorks operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as PureGym, The Gym Group, Xercise4less, Ultimate Performance and Blok London, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Chain of fitness centers
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| domain | founded_year | HQ Location |
Chain of fitness clubs
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| domain | founded_year | HQ Location |
Budget fitness chain
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| domain | founded_year | HQ Location |
A chain of physical fitness centers is operated internationally.
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| domain | founded_year | HQ Location |
Fitness classes for both men and women
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| domain | founded_year | HQ Location |
Operator of multiple fitness centers offering gym access, classes, and sunbeds. The facilities provide a range of fitness options to cater to diverse needs and preferences. Members have access to equipment for various workouts, participate in scheduled classes, and utilize sunbed facilities. The company aims to provide a convenient and comprehensive fitness experience.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about GymWorks
When was GymWorks founded?
GymWorks was founded in 2013 and raised its 1st funding round 10 years after it was founded.
Where is GymWorks located?
GymWorks is headquartered in Preston, United Kingdom. It is registered at Preston, Lancashire, United Kingdom.
What does GymWorks do?
GymWorks was established in 2013 by founder Peter Guy in Preston, United Kingdom. Operations are centered on managing a network of physical fitness centers within the health and wellness sector. Facilities and programs for exercise and training are provided to members. The domain gym-works.co.uk is utilized for online presence, with activities focused on regional delivery of fitness services.
Who are the top competitors of GymWorks?
GymWorks's top competitors include PureGym, The Gym Group and Xercise4less.
What products or services does GymWorks offer?
GymWorks offers Gym Membership, Fitness Classes, and Free Weights Section.
Who are GymWorks's investors?
GymWorks has 2 investors. Key investors include NatWest Group, and Royal Bank of Scotland.