Quartz Travel Limited (05237743): administration
- Status
- Administration ended
- Administration began
- 2017-09-13
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2004-09-22
- Location
- York
- Industry
- 84210 Foreign affairs
Why it went into administration
- Management failings / irregularities
From the administrators' statement
The Company was incorporated by Paul Smith, the sole director, in 2004 and traded as a travel agent from leasehold premises in York. The Company specialised in bespoke luxury package holidays.
The Company had been a member of a consortium managed by The Freedom Travel Group Limited (“FTG”) under an agency agreement since 2006. The Company utilised a management system provided by FTG on which booking details were recorded. Based on the information recorded, FTG paid commissions to the Company, less any management fees due, on a monthly basis. The Company was required to pay across monies received from customers in respect of deposits for holidays and the balancing payments within a
prescribed timescale before departure.
Administrators' statement of proposals (2017-11-23) · Companies House register