CSR Holdings 2011 Limited (05012400): administration
- Status
- Administration ended
- Administration began
- 2011-12-01
- Administrators
- Maurice Moses, Angela Swarbrick
- Administrators' firm
- EY
- Formerly
- Crusader Holdings Limited; Notsallow 205 Limited
- Incorporated
- 2004-01-12
- Location
- London
- Industry
- 7415
Why it went into administration
- Cash flow / liquidity pressure
- Credit insurance / supplier credit withdrawn
From the administrators' statement
The Group had been offering coach tour holidays for 37 years The Group has a customer base that spreads across the South East of England and the Group offers trips to both domestic and European destinations with a range of durations including day trips, short stays (3-5 days) and longer stays (7 days or more) The type of tours offered typically include transfers to and from one of approximately 150 pickup points, the coach tour, overnight stays at hotels, meals and inclusive/optional excursions
The Group's head office and management functions operated from leasehold premises at Crusader Business Park, Stephenson Road West, Clacton-on-Sea, Essex, where approximately 35 permanent employees were based The Group also owns a freehold property within the same business park which is used as a coach garage and workshop
A summary of the wider Group structure as at the date of the appointment is shown below
Administrators' statement of proposals (2012-02-01) · Companies House register