Common Bond, owner of Triyoga, KOBOX and Boom Cycle, voted on 26 October to wind up. The Gazette lists a Dickens Yard unit in Ealing. What members can do.

The company behind Triyoga, KOBOX, Boom Cycle, Barrecore and Reformcore is being wound up. One of the addresses it traded from is at Dickens Yard, off Ealing Broadway.

Common Bond Ltd held a general meeting on Monday 26 October. Its members passed a resolution “that the Company be wound up voluntarily”. That is from a notice in the London Gazette, published on 30 October. Two insolvency practitioners from FRP Advisory in Newcastle upon Tyne were appointed as joint liquidators.

The Ealing address

The notice lists ten trading addresses across London. The Ealing one is Unit 30, Block A, Dickens Yard, Longfield Avenue, W5 2UQ.

The others are at Battersea Power Station, two in Camden Town, Pond Street in Hampstead, King’s Road in Chelsea, Hammersmith Grove, Chepstow Road W2, Cygnet Street E1 and Old York Road SW18.

The notice does not say which brand traded from which address. Triyoga ran an Ealing centre at Dickens Yard. Its Ealing page in June said yoga and mat Pilates classes had moved to Unit 17 Dickens Yard from 29 January, with Pilates in Motion appointments at Unit 32, according to an archived copy. Those are not the unit number in the Gazette, and we have not been able to confirm which business used Unit 30.

When we checked on 2 November, the Triyoga and KOBOX websites returned “not found” errors.

What the company records show

Companies House lists Common Bond Ltd as company 16523903. The Gazette notice says its registered office, on Southwark Street in SE1, is moving to FRP Advisory’s office in Newcastle.

What it means for you

If you had a membership, class pack or gift card with any of the five brands, you are an unsecured creditor of the company. That usually means you are paid last, if at all.

Your better route is normally your card provider. Citizens Advice sets out the options:

  • Credit card, purchase over £100: you can claim from the card company under Section 75 of the Consumer Credit Act.
  • Debit card, or a credit card purchase under £100: ask your bank for a chargeback. It is not a legal right, and banks apply time limits, so ask soon.
  • Paid some other way: you can register a claim with the liquidators.

The Gazette notice gives the liquidators’ contact as cp.newcastle@frpadvisory.com or 0191 605 3737. Citizens Advice also explains what to do when a company stops trading.

The company or its liquidators can contact us at hello@ealingpost.co.uk to add a statement or correct anything here.

Sources