u/Artistic-Common-6839

I just noticed that Floatworks in London has gone into liquidation, and honestly, I’m surprised.

Given they were one of the largest and longest-running float centres in the UK and tied directly to the i-sopod brand, this is a pretty substantial collapse. Factor in the £1.4m+ in angel investment involved, and it’s certainly not a small failure.

It feels a bit concerning for the float industry as a whole. If a major player with that much financial backing can’t make the unit economics work, what does that mean for everyone else?

Has anyone else been following this or know what actually happened behind the scenes? Is this just an isolated situation, or are other centres quietly struggling right now too?