Alpine Elements Limited (04782131): administration
- Status
- In administration
- Administration began
- 2020-12-08
- Administrators
- Sandra Lillian Mundy, Thomas Charles Russell
- Administrators' firm
- FRP Advisory
- Incorporated
- 2003-05-30
- Location
- Southampton
- Industry
- 79120 Tour operator activities
Why it went into administration
- COVID-19
From the administrators' statement
The Company was incorporated on 30 May 2003 and operated as a tour operator. It employed 30 staff from its offices located in the UK and France. The Company’s operations were severely affected by the Coronavirus pandemic in the final part of the 30 April 2020 financial year with forecast revenue for the later part of the ski season of £5m being lost.
The Company was ATOL licenced and was a member of ABTA. Customer bookings will be therefore be protected by the ATOL/ABTA schemes.
The disclosures made in the SIP16 report enclosed at Appendix A sets out details of the circumstances giving rise to our appointment including the marketing process which led to the sale of assets immediately on our appointment and why it was considered that a sale of the assets provided the best outcome for creditors as a whole in the circumstances.
Administrators' statement of proposals (2021-02-02) · Companies House register