Blue 02 Limited (05080568): administration
- Status
- Administration ended
- Administration began
- 2021-11-15
- Administrators
- Andrew Martin Sheridan, Simon Stibbons
- Administrators' firm
- FRP Advisory
- Incorporated
- 2004-03-22
- Location
- Bristol
- Industry
- 79110 Travel agency activities
Why it went into administration
- COVID-19
- Funding withdrawn / unable to refinance
- Sustained trading losses
From the administrators' statement
Blue 02 Limited (“the Company”) was incorporated on 22 March 2004 and commenced trading in the same year.
The Company provided scuba diving holidays worldwide but in more recent years had a primary focus on Egypt and the Maldives. The Company held an Air Travel Organiser’s Licence (‘ATOL”) granted by the Civil Aviation Authority (*CAA”), which provided financial protection for the flights and flight-inclusive holidays. ;
The Company’s directors are Nathan Tyler and Jason Strickland. Michael Shandur resigned his directorship in September 2021.
Administrators' statement of proposals (2021-11-25) · Companies House register