Cove UK, the parent company of several holiday parks in the UK, has gone into administration. This affects a total of 11 sites, with eight of them operated by Argyll Holidays. Cove UK acquired Argyll Holidays for £100 million in 2022. The remaining holiday parks impacted include Solway Holiday Park, Gwel an Mor Resort, and Springwood Holiday Park. Administrators are currently evaluating options for the sale of the business and have informed owners through letters.
If you have a reservation at any of these resorts, administrators advise contacting the site manager. The resorts involved in the administration process are Cove Communities Holiday Park UK Holdco Limited, including its subsidiaries: Cove Communities Venture 2 Gwel an Mor OpCo Ltd, Cove Communities Venture 2 Solway OpCo Ltd, Cove Communities Venture 2 Springwood OpCo Ltd, and Cove Communities Venture 2 Argyle OpCo Ltd. Seal Bay Resort in West Sussex remains unaffected and is operating normally.
Alvarez & Marsal Europe has been appointed to oversee the administration process. The administrators aim to ensure a smooth transition and maintain stability at the parks. They reassure owners, residents, and holidaymakers that operations will continue with minimal disruption. Cove UK has confirmed the appointment of administrators and emphasized that Seal Bay Resort is not part of the administration process, continuing its normal operations for guests and owners.
In a statement, a Cove UK spokesperson expressed gratitude for the support received from employees, owners, and customers. The focus remains on customer service and executing long-term strategies. The administrators are dedicated to minimizing any impact on stakeholders and encourage reaching out to site managers with any inquiries.
