Leeds club PRYZM to close down with ‘immediate effect’ after company went bust

It is one of 17 other associated clubs closing across the UK

10 months ago

Megan Fogg | News

Popular Leeds nightclub Pryzm has announced it will be closing with immediate effect after going into administration.

The club is one of 17 sites owned by Rekom Group to close across the country.

In a press release issued by Rekom Group today, the parent company revealed that the business has struggled financially due to the cost of living crisis.

Pryzm Leeds confirmed the closure in an Instagram post shared earlier today, which explained that the closure occurred as a result of the cost of living crisis, which has largely affected students and has impacted the late night sector.

The other 16 sites which have also closed with immediate effect include:

Basildon Unit 7

Birmingham PRYZM

Coventry Jumpin Jaks

Dartford ATIK

Exeter Unit 1

Kings Lynn Bar & Beyond

Nottingham PRYZM

Oldham Liquid & Envy

Plymouth PRYZM

Portsmouth PRYZM

Romford ATIK

Swansea Level 17

Watford PRYZM

Watford Steinbeck & Shaw

Windsor ATIK

Wrexham ATIK

Pryzm Leeds had been the location for Leeds Beckett University’s sports night socials up until its closure. It is thought that societies will now need to find an alternative venue for their Wednesday night socials, with speculation amongst some Leeds students that the new location could be Manahatta.

Rekom Group said that staff members have been notified and that it is committed to providing support to staff members “affected” by the closures.

People have spotted a huge I’m A Celeb editing error proving a bushtucker trial was staged

All the mega-famous actors who also auditioned for each Wicked role

Finally, Adam has actually addressed the rumours he and Amy are dating after MAFS UK

Peter Marks, Chairman of Rekom UK, commented: “We have made every effort to redeploy staff across the business where possible and we’re pleased to have saved around 1000 jobs. Regrettably, however, the reduced estate meant it was inevitable that we would have to make some redundancies. We have informed all colleagues within the organisation of the unfortunate developments that have taken place over the last 18 days.

“This outcome follows an extremely difficult period for the late night sector, thanks to the combination of the cost of living crisis hitting younger generations and students particularly hard, as well as the rising National Living Wage alongside increased business rates and costs of operating.”