Cove UK, the parent company overseeing multiple holiday parks in the UK, has gone into administration. This development impacts a total of 11 sites, with eight of them operated by Argyll Holidays, which was acquired by Cove UK for £100 million in 2022.
The affected holiday parks include Solway Holiday Park, Gwel an Mor Resort, and Springwood Holiday Park. Administrators are currently evaluating sale options for the business and have informed owners about the situation.
Individuals with upcoming bookings at any of the resorts are advised to reach out to the site manager for further guidance. The list of resorts involved is as follows:
Seal Bay Resort in West Sussex remains unaffected and is operating normally. Alvarez & Marsal Europe has been appointed to oversee the administration process for Cove Communities Holiday Park UK Holdco Limited (HPUK) along with its subsidiaries.
In a statement, Alvarez & Marsal Europe emphasized the importance of ensuring a seamless transition and maintaining stability across the parks. They assured that day-to-day operations will continue with minimal disruptions, and encouraged owners, residents, and holidaymakers to contact site managers with any inquiries.
A spokesperson for Cove UK confirmed the appointment of administrators for Cove Communities Holiday Park HoldCo Limited and its subsidiaries, affecting several holiday parks in the UK. However, Seal Bay, the largest resort within the Cove UK group, is not part of the administration and is operating as usual for guests and owners.
The spokesperson reiterated the commitment to customer service and long-term strategy execution, expressing gratitude for the ongoing support from employees, owners, and customers.