Tens of thousands of holidaymakers will miss out on their holidays after a
travel operator went into administration.
has collapsed leaving as many as 40,000 holidaymakers’ plans in ruin.
Partners from Menzies Corporate Restructuring were appointed as
administrators after the tour company experienced cashflow difficulties.
As Travelscope is a member of ABTA and ATOL member the holidaymakers will be
able to claim a full refund.
Around 270 jobs at the operator are at risk.
The company formed 15 years ago and most recently posted turnover of £80m.
Steve Absolom and Will Wright from KPMG Restructuring have been appointed joint administrators to City Motor Holdings and associated companies
Partners from Johnston Carmichael have been appointed as joint administrators to Axon Well Interventions Products UK
Begbies Traynor have been appointed administrators of William Anelay Ltd, York, one of Britain’s longest-established construction and heritage restoration companies
Smith & Williamson has been appointed administrators of charity 4Children