Starting a new business? Get 40% off our accountancy services for 3 months! 😀

x

This month we sat down and chatted to Richard Giles and Kate Manning of One Element.

What’s your name and your role in the company?

We’re Richard Giles and Kate Manning, co-owners of One Element Tooting, an outdoor fitness business based in SW London. Kate is also our head trainer. We purchased the Tooting franchise, which is one of about 350 possible territories across the UK.

Tell us about your business

One Element is an outdoor fitness and social company, formed in 2007 in SW London by Tom Marien.

At One Element we provide inclusive, fun and effective fitness sessions which have been professionally written, often in partnership with professional sports coaches and players. Based on pre-season fitness training for sports (HiiT style) such as rugby, hockey and triathlons, our sessions are unique and our members, with consistent attendance, see fast fitness gains. Many members have been coming for 10 years. It’s varied, addictive and social.

Developed on the basis of a sports club model, One Element provides its members with a range of social activities in addition to the fitness sessions. It encourages members to socialise and make friends off the training field which also helps with member retention. The social activities include brunches, black tie dinners, ski trips, touch rugby tournaments, Halloween parties, and much more.

One Element Tooting is based on Tooting Bec Common and we have 4 sessions per week which sees our members of all ages and fitness levels get outside and get fit, no matter the weather. We invite everyone along for a FREE TRIAL so you don’t have to commit without trying it.

What drove you to start the business?

Both of us have been members of One Element and benefited from the effectiveness of the fitness sessions, as well as the communities it builds. For the last few years Kate has also been a trainer at a number of park locations for One Element in SW London.

We’ve invested in the One Element as franchise owners as we believe in the business model. We’ve seen how it has sustained growth and development over the last 12 years, and are looking forward to being part of One Element’s future. The benefits of being part of a franchise with the support of Tom and the One Element HQ team, and other franchisees, makes it a no brainer!

The fitness sector is a big business in the UK which is expanding and continually developing. We believe One Element offers an exciting alternative to other fitness businesses in the market.  It’s great to be one of the first franchises. We’re looking forward to seeing the network of franchises grow across the country, and being part of a national fitness company.

Why did you choose The Accountancy Partnership?

We chose The Accountancy Partnership because when we started the business, we needed an accountancy firm that would be cost-effective and willing to provide succinct timely advice. Having read the reviews from existing clients of The Accountancy Partnership we thought it seemed a great company to try.

The pricing model for a new business with limited cash flow was sustainable, and as we grow the services they offer will support us with that growth.

Would you recommend The Accountancy Partnership?

Yes, we’d recommend The Accountancy Partnership. We’ve found them to be swift to respond to queries whilst we set up the company, they provide ad hoc advice when we’re not sure on things, as well as making sure we’ve also been doing everything correctly.

Pandle, their free bookkeeping software, has also saved us from spending extra on other systems, which all helps with our cash flow.

What do you have planned for your business in the future?

We have lots of plans for our One Element business. We already have four sessions a week and are seeing strong membership growth this year. As we build the business we want to add more sessions on Tooting Bec Common and in other parks in the territory, as well as kettlebell-based sessions.

Off the training field, we’ve a raft of socials planned to help grow our community focused business, from drinks to picnics, fun-runs, sports days and much more.

To see what we get up to check out our Instagram accounts – @oneelementtooting and @oneelement.

About The Author

Liam Yapp

Marketing Executive and Part-Time Copywriter. If I'm not working on our next big marketing project, you'll probably find me outside, basking in the sun or walking the dog. Learn more about Liam.

More posts by this author
guest
0 Comments
Inline Feedbacks
View all comments

Read more posts...

Umbrella Companies for Self-Employed Contractors

When you set up in business as a contractor you might either work as a sole trader or as a limited company….

Read More

Get Ready for Small Business Saturday UK 2022

Small Business Saturday started in the US in 2010, on the first Saturday following Thanksgiving. It aims to encourage shoppers to consider…

Read More

Architects and Tax

Architecture is a highly diverse sector when it comes to tax. It’s partly down to the type of businesses that carry out…

Read More
Back to Blog...

Confirm Transactions

The number of monthly transactions you have entered based on your turnover seem high. A transaction is one bookkeeping entry such as a sale, purchase, payment or receipt. Are you sure this is correct?

Yes, submit my quote
No, let me change it

Please contact our sales team if you’re unsure

VAT Returns

It is unlikely you will need this service, unless you are voluntarily registered for VAT.

Are you sure this is correct?

Yes, the business is VAT registered
No, let me change it

Call us on 020 3355 4047 if you’re not sure.

Bookkeeping

You only need this service if you want us to complete the bookkeeping on your behalf.

Would you prefer to complete your own bookkeeping?

Yes
No

Call us on 020 3355 4047 if you’re not sure.