Business & Technology

UK holiday operator has collapsed into administration

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The businesses also offered day trips such as one with retired BBC weather presenter Carol Kirkwood, who gave talks during the Jacobite Train rail journey.

Administrators appointed to tackle the holiday firm Tripsmiths and TS Travel said the companies’ business and assets have been sold and “existing customer bookings will continue to be honoured”.

Tripsmiths’ website praises the Cotswolds with five reasons to visit, highlighting the “elegant tea rooms, country pubs, hilly walks and quirky gift shops” found in the area.

Michael Solomons and Andrew Pear, of Moorfields, were appointed as joint administrators on May 14.

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A spokesman for the administrators said: “Following their appointment, the joint administrators completed a sale of the companies’ business and assets.

“The purchaser has confirmed that existing customer bookings will continue to be honoured and all future holidays are going ahead as normal.

“All customer monies are held securely in a trust account and guaranteed by the Travel Trust Association.

“In connection with the transaction, employees of the companies transferred to the purchaser pursuant to TUPE regulations.”

Tripsmiths is described as a “specialist travel company dedicated to crafting unique, unforgettable travel experiences that go beyond ordinary holidays”.

Likewise, Gold Crest Holidays, which also offered Cotswolds trips, ceased trading on January 23 after more than 30 years in business and entered voluntary liquidation.





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