The fitness company Common Bond, which runs high-end exercise classes such as Barrecore, Boom Cycle, and Kobox, has suddenly shut down all of its studios. Based exclusively in London, the company offered a membership for £2,400 per year, providing unlimited access to its classes. It also operates two other fitness brands, Reformcore and Triyoga. According to official records, Common Bond was formed in June of last year, and no financial accounts have been published yet. The most recent filings show that director Ben Allen has left the company, leaving Gaspar Lipszyc, a Belgian citizen living in Spain, as the sole remaining director. Customers were informed via email that all studios would be closed "until further notice," with the company expressing regret for the inconvenience. The email, sent on Wednesday, was obtained by the BBC. Instructors were told earlier this month that their pay would be delayed. One instructor said she was informed on 14 August, the day her payment was due, that it would be postponed. Despite this, she continued teaching without further details and has not received any updates since. The number of affected instructors and customers remains unknown. The company’s website is no longer accessible to the public. The BBC has reached out to Common Bond for a response. In August of last year, the company stated it operated ten locations. This sudden closure raises questions about its financial stability, especially since no recent financial records have been made public. The lack of transparency adds to the uncertainty surrounding the company’s current situation.