Handforth health club chain reports strong revenue growth

Handforth Dean-based health club chain, Total Fitness, saw its revenues grow to nearly £40 million in 12 months to June 2023, its latest financial results have revealed.

Annual revenues grew to £39.9 million (up from £36 million in the previous year) at the gym group, which has 15 sites across Northern England and Wales. Total Fitness’ strong performance has also meant it has been able to exit from a Corporate Voluntary Arrangement following challenging pandemic trading.

The business has seen a return to pre-Covid membership levels, with 5% member growth last year, and total visits also up 8%. Total Fitness, which is owned by private equity group, Northedge Capital, also reported pre-tax profits of £1.254 million for the year to the end of June 2023, up from £0.961 million in 2022. 

Tom Rayner, chief financial officer of Total Fitness, said:

“Total Fitness remains true to its mission: to provide spaces and opportunities where members can achieve more than they thought possible. The company’s continued investment in the widest possible variety of facilities in its spacious clubs, ensures that members can work out however they want even during peak hours.

“Maintaining high rates of engagement from members makes Total Fitness less susceptible to recent economic pressures on household incomes. We are seen as an ‘essential’ rather than a ‘luxury’ by the majority of members because we contribute significantly to their physical health, wellbeing and sense of community.

“Unlike smaller formats, the ‘super-scale’ clubs are well-positioned to accommodate higher levels of visitation that are a feature of the post-covid world. These positive trends look set to continue, with January 2024 marking a record number of new memberships for the business outside of the covid restoration period,”