<\/p>\n
\n Chris Parkman, of specialist business firm Purnells, was appointed as the liquidator for Gold Crest Holidays on March 19 after its dramatic collapse.\n<\/p>\n
\n Statement of affairs submitted to Companies House reveal that firm had around \u00a3156k worth of assets that could be distributed to creditors.\n<\/p>\n
\n But there is still a shortfall for those owed money as it’s not enough to cover the estimated \u00a3452k deficiency, the books show.\n<\/p>\n
\n READ MORE: United ‘told to stop work on new stadium or face enforcement action’\n<\/p>\n
\n Gold Crest Holidays has a total of 63 creditors listed on the files, in total all being owed \u00a3927k – although this is an estimation and may not reflect the exact amount.\n<\/p>\n
\n Included on the list is Barclays Security Trustee Limited which is owed \u00a3309k, Barclays Bank pic which is owed \u00a398k and Barclaycard owed \u00a333k.\n<\/p>\n
\n ABTA, the leading association of travel agents and tour operators which provides expert travel advice, guidance, protection, is owed around \u00a3107k.\n<\/p>\n
\n (Image: Press Association)\n<\/p>\n
\n Ten employees have preferential claims totaling almost \u00a310k.\n<\/p>\n
\n Gold Crest Holidays specialised in coach packages to Disneyland Paris, European city breaks and major sporting events, as well as UK short breaks and themed holidays.\n<\/p>\n
\n It entered voluntary liquidation after more than 30 years having ceased trading on January 23.\n<\/p>\n
\n A statement from the business said: “This difficult decision follows the severe impact of the COVID-19 pandemic, strategic changes in key partner arrangements that adversely affected our business, and a challenging trading environment with significantly rising costs.\n<\/p>\n
\n “We are immensely grateful to our loyal customers, travel agents, suppliers, and dedicated staff for your support over the years. We are truly sorry we can no longer continue.\n<\/p>\n
\n “We apologise for any disappointment or inconvenience caused. ABTA will provide clear support to affected customers.”\n<\/p>\n
#holiday #firm #shut #trips #cancelled #debt<\/p>\n","protected":false},"excerpt":{"rendered":"
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