# Cove Communities Venture 2 Argyle Opco Limited (SC132187)

> Why UK company SC132187 went into administration, from the administrators' statement filed at Companies House, by companydig. Interactive version: https://companydig.co.uk/company/SC132187

- **Status:** In administration
- **Administration began:** 2025-11-17
- **Administrators:** Robert Andrew Croxen, Adam Paxton, Benjamin Thom Cairns
- **Administrators' firm:** Alvarez & Marsal
- **Formerly:** Cowal Leisure Limited
- **Incorporated:** 1991-06-03
- **Location:** Glasgow
- **Industry:** 55900 Other accommodation

## Why it went into administration

- Weak consumer demand
- Rising costs / inflation
- Funding withdrawn / unable to refinance
- Property / lease costs
- Rising interest rates
- Weather / natural events

## From the administrators' statement

The Company, which was incorporated on 3 June 1991, operates eight holiday parks, all located in Scotland (the “Argyle Holiday Parks’). A list of these holiday parks is set out in Appendix 1.

As at the date of our appointment the Company employed 197 members of staff.

Funding and financial position of the Holiday Park Silo

Statement of proposals: https://find-and-update.company-information.service.gov.uk/company/SC132187/filing-history/MzQ5ODI5OTAyNWFkaXF6a2N4/document?format=pdf&download=0
Companies House register: https://find-and-update.company-information.service.gov.uk/company/SC132187

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