After 37-years of providing coach holidays, David Urquhart Travel LTD has decided to wind up operation.
The company issued the following statement on its social media channels on 6 May:
“The ongoing coronavirus crisis has had a dramatic impact on all business sectors but especially within travel and tourism. At present it is impossible to establish when coach tour and hotel operations will return to normal operating capacity.
“The Directors of David Urquhart Travel Ltd have been carefully considering these matters and have made the decision, in the absence of acquisition from interested parties, to wind up the coach tour business in an orderly manner over the next few months.
“Consequently the Directors lodged an application on 4th May 2020 to the Court of Session to enter into a Company Voluntary Arrangement (CVA) for David Urquhart Travel Ltd.
“This is not a decision which has been taken lightly. The coach tour company has served loyal customers for more than 37 years throughout the length and breadth of the United Kingdom and Ireland and has been a prominent figure within the leisure and hospitality industry.
“However, we have to be responsive to the significant challenges the company would face if we were not to take decisive action. Customers of David Urquhart Travel Ltd can be assured that all their deposits or payments made are held in a secure independent Trustee Account which is managed by a separate professional Trustee Management Legal Company. All customer funds are entirely safe and it is our intention to begin the process of returning all customer monies as soon as possible. We will be in touch with every customer to confirm repayment details to them.
“Please note that this decision does not in any way affect David Urquhart Sky Travel Ltd which provides foreign travel, cruises , city breaks etc . This Company will continue as normal, providing the highest level of service to our customers throughout the U.K.”
