Emerald Global Limited (01497756): administration
- Status
- Administration ended
- Administration began
- 2021-04-09
- Administrators' firm
- KPMG
- Formerly
- Emerald Travel Limited; Palmherne Limited
- Incorporated
- 1980-05-21
- Location
- London
- Industry
- 79110 Travel agency activities
Why it went into administration
- Funding withdrawn / unable to refinance
- Cash flow / liquidity pressure
- COVID-19
- Creditor pressure / legal action
From the administrators' statement
The Company operated predominately as a flight consolidator, trading under an IATA license selling flights, primarily to travel agents. It was incorporated on 21 May 1980.
The Company operated three distinct business units:
• Consolidation: customers are travel agents, operated under the eConsol brand;
Administrators' statement of proposals (2021-05-04) · Companies House register