# AIR Fast Tickets Limited (07653703)

> Why UK company 07653703 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/07653703

- **Status:** Administration ended
- **Administration began:** 2014-10-16
- **Administrators' firm:** FRP Advisory
- **Incorporated:** 2011-06-01
- **Location:** London
- **Industry:** 51101 Scheduled passenger air transport

## Why it went into administration

- Rising costs / inflation
- Over-expansion / investment not recovered
- Regulatory change or action

## From the administrators' statement

21 Air Fast Tickets Limited was incorporated on 1 June 2011. It initially operated from a leasehold site at 91-93 Gray’s Inn Road, London WC1X 8TX before relocating to another leasehold premises at Units G25 & G29, The Perfume Factory, Wales Farm Road, London W3 6UG in July 2013.

2.2 The Company operated as a travel agency with its principal business being the sale of air travel tickets. The Company was accredited by the International Air Transport Association CIATA’) allowing the Company to sell tickets on behalf of all LATA member airlines.

2.3 The Company operated within the same group structure as several overseas entities, namely Air Fast

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/07653703/filing-history/MzExMzM3MDEyMWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/07653703

Contains public sector information from Companies House, licensed under the Open Government Licence v3.0.