Trans-Savoie Ltd (08344026): administration
- Status
- Administration ended
- Administration began
- 2017-03-06
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2013-01-02
- Location
- Dean Street
- Industry
- 79120 Tour operator activities
Why it went into administration
- HMRC / tax arrears
From the administrators' statement
The Director of the Company has supplied the following information which outlines the circumstances giving rise to our appointment.
Trans-Savoie Ltd was incorporated in the UK in 2013 as a mountain bike events organiser and as an international promoter of mountain bike events. its title event, ‘Trans-Savoie Big Alpine Enduro’ launched in 2013 in the French Alps. Trans-Savoie Ltd subcontracted all physical operations on French territory to trailAddiction Ltd’s French branch in order to comply with local taxation and fiscal requirements, as well as leveraging trailAddiction’s extensive experience, staff, local contacts, and operational experience in this area of France.
In 2014 the company leveraged the marketability of its title event by offering Trans-Savoie-tourbranded package holidays at a premium price-point. These were again subcontracted to be delivered via trailAddiction Ltd in France. In 2015 the company launched its second international event, Enduro2, which was also an immediate sell-out, and the capacity of Trans-Savoie Big Alpine Enduro was increased to cope with growing customer demand thanks to its ongoing marketing efforts and growing reputation in intemational press from the successful delivery of previous events.
Administrators' statement of proposals (2017-05-30) · Companies House register