Tough Mudder goes into administration

Thu, 06 Feb 2020 | ADMINISTRATION

Endurance events company Tough Mudder has gone into administration, appointing BM Advisory LLP, and is looking to sell its business and assets, including the company’s wholly owned subsidiary Tough Mudder GmbH, as a going concern.

According to a statement released on the company’s website, Michael Solomons and Andrew Pear of BM Advisory were appointed to act as joint administrators for the business on January 24th 2020.

Tough Mudder offers a range of endurance challenges, including 5k challenges and a 24-hour endurance course. It has held over 355 events with over 4 million participants.

It works with a number of charities and has a five-year partnership with Help for Heroes, for which it has raised in excess of £3 million.

The company will continue to trade as normal, with all scheduled UK and Germany events this year set to go ahead. Events in the US and Canada, however, are subject to court proceedings.

Tickets for 2020 events remain valid, while any further tickets purchased during the administration will be subject to the company’s refund policy, should that event be cancelled.

BM Advisory will contact all known creditors in order to advise them of the appointment and to provide the necessary documentation.

2020 is the group’s tenth anniversary and it has several major UK events scheduled for this year, with the next to take place on 17th and 18th April in Finsbury Park, London.

Tough Mudder Ltd’s accounts for the year ending December 31st 2017 show it generating turnover of £15.9 million and gross profit of £5.1 million.

Gordon Brothers, working on behalf of BM Advisory, describe the company as a “well-known endurance events business” and say there is an opportunity to acquire Tough Mudder’s tangible assets and some of its intellectual property, including customer list and websites.

A dedicated email, [email protected], has been set up for those looking to contact the administrators.

Share this article

Latest Businesses for Sale

Historic Brewery & Pub
Suffolk, UK Wide

A rare opportunity to purchase a micro-brewery and public house with a loyal local, regional and national following. Established more than 200 years ago to supply quality ales to the community of this market town, the brewery and pub continues the tr...

Asking Price: £749,950
Turnover: £816,510


UK Wide

A well-established brewery and tied pub with a multitude of award-winning cask ales and bottled beers in operation for over 37 years. Serves 291 active clients, including pubs, wholesalers, off licences and other brewers. Due to its consistently high...

Asking Price: Offers Invited
Turnover: £1,000,000


Pub & Carvery
Bedfordshire, UK Wide

A superb opportunity to acquire an established pub and carvery has arisen, ready to be driven forward by a new owner. Over the last 7 years, the business has developed an outstanding reputation, known for its great food and welcoming, comfortable atm...

Asking Price: £390,000
Turnover: £700,000


View more businesses for sale

News Search

Latest News


Street food catering firm seeks buyer after entering administration | ADMINISTRATION

Shrewsbury-based catering company MPM Catering has entered a...


Heycar acquires following administration | BUSINESS SALE

Online used car service Heycar has purchased the independent...


On-demand laundry app snapped up after administration | BUSINESS SALE

Laundrapp, an on-demand laundry service which was touted as ...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide


Related News


Rental company calls in administrators | ADMINISTRATION

Extreme Powered Platforms, a UK-based rental company, has en...


Blockbuster has another turn in administration | ADMINISTRATION

Blockbuster has returned for another spell in administration...


Blockbuster business sold | BUSINESS SALE

Administrators have found a buyer for the Blockbuster chain ...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources