Cove UK, the company overseeing several holiday parks in the UK, has gone into administration. This affects a total of 11 sites, including eight managed by Argyll Holidays, acquired by Cove UK for £100 million in 2022. Other impacted parks are Solway Holiday Park, Gwel an Mor Resort, and Springwood Holiday Park. Administrators are currently exploring options for selling the business and have informed owners via letters.
If you have a reservation at any of these resorts, it is advised to contact the site manager. The resorts affected by this situation are listed as follows:
Seal Bay Resort in West Sussex is unaffected and operating normally. Alvarez & Marsal Europe has been appointed to oversee the administration process for Cove Communities Holiday Park UK Holdco Limited (HPUK) and its subsidiaries, including Cove Communities Venture 2 Gwel an Mor OpCo Ltd, Cove Communities Venture 2 Solway OpCo Ltd, Cove Communities Venture 2 Springwood OpCo Ltd, and Cove Communities Venture 2 Argyle OpCo Ltd.
The administrators stated, “Our primary focus is to ensure a seamless transition and maintain stability across the parks. Day-to-day operations will continue with minimal disruption, and owners, residents, and holidaymakers can reach out to site managers with any queries.”
A spokesperson for Cove UK confirmed, “Administrators have been appointed to Cove Communities Holiday Park HoldCo Limited and its subsidiaries, impacting several holiday parks in the UK. Seal Bay, our flagship resort under Cove UK, remains unaffected and operates normally for our guests and owners. Our priority remains serving our customers and executing our long-term strategy. We appreciate the ongoing support of our employees, owners, and customers.”