The Malvern Group has gone into administration after it was unable to secure funding or find a buyer. Malvern is part-owned by Cox & Kings which was in trouble after the company failed to repay debt payments last month.
The Malvern Group own Laterooms.com and Superbreak mini Holidays and they will stop trading immediately. They have cancelled all holiday bookings. Between both companies they had 53,000 customers, if customers had concerns they have been told to contact the hotels directly. People who are currently on holiday and booked through Super Break might have to pay again. Many people will be covered by Abta, Atol or their credit card companies.
We are aware that ABTA Member @SuperBreak (ABTA Number Y1453) has regrettably ceased trading today, 1 August 2019. We have advice for customers who have future bookings with the company and those currently on a Super Break holiday at https://t.co/ut7n002auI
— ABTA (@ABTAtravel) August 1, 2019
It said in a statement: “Unfortunately, given the short timeframe enabled by our cash position and despite interest from potential purchasers, we have been unable to secure bank support or a sale of the business.
“As a result, Late Rooms Ltd Superbreak Mini-Holidays Ltd and Malvern Travel Technology Limited are unable to continue on a solvent basis and have ceased trading.”
