Group Surface Realisations Limited (01151142): administration
- Status
- Administration ended
- Administration began
- 2016-12-30
- Administrators' firm
- Grant Thornton
- Formerly
- Page & MOY Travel Group Surface Holidays Limited; Page & MOY Limited
- Incorporated
- 1973-12-13
- Location
- Manchester
- Industry
- 79120 Tour operator activities
Why it went into administration
- Sustained trading losses
- Weak consumer demand
- Cash flow / liquidity pressure
From the administrators' statement
The Companies were formed following the acquisition of Page & Moy by Travelsphere in 2004 and flourished for many years as one of the UK s largest provider of tours and travel to the over 55s and solo travellers
The Companies formed part of the tours business of a larger group (which for the purpose of this letter 1s defined as Tours’) All Lessure Holidays ple The Companies were and continue to be profitable and cash generative tn their own right.
The majonty of the trading actvities being flight holidays took place in Aur with Surface undertaking a small amount of rail based holidays Group was effectvely non trading but held a small number of legacy brand names or names shared between legal entities in tours
Administrators' statement of proposals (2017-03-15) · Companies House register