Gymbox plots London expansion after beefing up sales

London fitness chain Gymbox, known for its unorthodox class names such as anger management and ‘brexfit’, on Wednesday outlined expansion plans despite losses widening.

The 15-year-old firm behind 10 clubs will open branches in Finsbury Park and Ealing this year, and it has a “healthy pipeline” of new sites planned for 2020-21.

Chief executive Marc Diaper said 15 new classes will also be launched over the next 12 months.

Current sessions include brexfit, where gym bunnies can ease political rage by hitting punchbags emblazoned with Boris Johnson’s face, or by taking part in a Theresa May sack race.

Diaper’s expansion update came as Gymbox, which is backed by private equity firm BGF, filed accounts for the year to October 2018.

It saw pretax losses widen to £9.6 million from a £8.4 million loss owing to investment into new openings and staff, and other one-off costs.

Turnover increased 6% to £21.4 million and membership numbers rose 12%.