Soul & Surf Ltd (09173815): administration
- Status
- Administration ended
- Administration began
- 2022-02-14
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2014-08-13
- Location
- Brighton
- Industry
- 55100 Hotels and similar accommodation
Why it went into administration
- COVID-19
- Cash flow / liquidity pressure
- Property / lease costs
From the administrators' statement
The Company traded as a tour operator, creating, marketing and selling surf and yoga holidays, initially in Kerala, India, then adding Sri Lanka and Portugal as main destinations plus irregular ad hoc trips to Peru, Sumatra, Andaman islands and Lombok.
The business was initially formed as a partnership in 2010 by Mr and Mrs Templeton but following advice, due to the growing size, turnover and complexity of the business and the move into selling some package holidays it was incorporated into a limited company in August 2014. The Company worked closely with local supplier companies and landlords to deliver the holidays to specific requirements. The supplier companies in the main locations of India, Sri Lanka and Portugal are also founded and owned by Mr and Mrs Templeton.
The Company was run remotely and had no trading premises. The directors worked in whichever country most required their presence and from their home when in the UK. The directors were the only current employees. Mr Templeton’s primary role was managing director and Mrs Templeton was creative, finance & business and quality control.
Administrators' statement of proposals (2022-02-23) · Companies House register