Holidays cancelled as 11 travel firms collapse with jobs lost

This influx of closures has left holidays cancelled and customers seeking refunds and compensation in several cases.

Oxfordshire Travel Limited, which ran coach and passenger land transport services and was initially based in Yarnton near Kidlington, entered creditors’ voluntary liquidation on October 30, 2025, after directors concluded it could not continue trading or meet its debts.

Companies House records show the firm, incorporated in 2015 and operating under “other passenger land transport”, later moved its registered office to Tugby Orchards in Leicestershire before liquidators were called in.

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Also in Oxfordshire is a cruise firm which is being dissolved less than two years after it was formed, with all planned sailings cancelled.

Set Sail Cruises Ltd, registered to an address in Bicester, was formally dissolved on March 17, 2026, after a strike-off process, meaning it no longer exists as a legal company.

The travel agency was incorporated on February 4, 2024 and listed its main activity as “travel agency activities”.

Before it was removed from the register, the firm had been shown as “active – active proposal to strike off” after failing to file key statutory documents.

No accounts were ever submitted for Set Sail Cruises.

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Its first set of accounts, covering the period up to February 28, 2025, was overdue, as was its latest confirmation statement, which should have been filed by January 11, 2026.

Another travel firm based in Oxfordshire has also closed with around £41k of short‑term debts, leaving any trips cancelled.

The Padel Travel Club Limited, which operated from a Henley address, organised padel‑themed breaks and training camps in the UK and overseas.

The business was incorporated in February 2023 and has since been removed from the Companies House register following a voluntary strike‑off, with the final notice of dissolution published in late May 2026.

Unaudited accounts filed for the year to December 31, 2024, show the Oxfordshire‑registered firm had £5,919 in current assets.

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This includes £2,035 owed by customers and other debtors and £3,884 in cash at bank and in hand.

Against this, the balance sheet records £40,583 in creditors due within one year, leaving net current liabilities of £34,664 and a total shareholders’ deficit of £33,769.

The figures indicate the company closed with short‑term debts of just over £40,000 and insufficient assets to repay its creditors in full, although the accounts do not provide a final liquidation statement.

For the year covered, the directors confirmed the accounts were prepared under the small‑companies regime.

The company was entitled to an exemption from audit, so the figures have not been independently audited.

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This week, it was announced that a ski company is set to close after voluntarily entering liquidation, resulting in the cancellation of all holiday packages.

Ski Yodl Ltd, founded in March 2018, offered ski holiday packages to destinations including the French Alps.

The company's LinkedIn profile described it as "a collective of ski industry professionals driven to create a customer-centric booking experience with skiing at its core".

After eight years, Ski Yodl, based in Norwich, is now set to close, having voluntarily entered liquidation.

A voluntary winding-up order was agreed on July 22, according to The Gazette, with Richard Cacho from RCM Advisory Limited appointed liquidator.

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As a result, all package holidays booked through Ski Yodl have been cancelled.

In January 2026, London‑based Regen Central Ltd, an ATOL‑licensed travel agency selling flight‑and‑hotel packages to Europe and Southeast Asia, lost its ATOL on January 13 and subsequently went into liquidation, with all bookings cancelled.

The Civil Aviation Authority confirmed that Regen Central had ceased trading as an ATOL holder, meaning it could no longer sell protected holidays.

Just weeks later, Simply Florida Travel Ltd, a Glasgow‑based agency specialising in trips to North America, including Disneyland, New York, Toronto, Niagara Falls and Miami, ceased trading after asking to be struck off the Companies House register in late 2025.

The company, which had sold ATOL‑protected “bucket list” holidays, was dissolved in early January 2026 and removed as an ATOL holder.

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This prompted the cancellation of all remaining flights and packages, leaving holidaymakers seeking refunds.

Coach‑tour operator Gold Crest Holidays also collapsed into liquidation in early 2026, with all coach holidays in the UK and overseas cancelled.

Industry commentary on the case reported that staff were made redundant when the firm ceased trading.

Several other travel businesses, including Asiara UK Ltd, Jetline Travel Ltd, Great Little Escapes LLP and New Era Travel, have also closed or dissolved since 2025.

The Civil Aviation Authority has listed them among firms that have either lost ATOL protection or ceased trading.

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Icelandic low‑cost carrier PLAY Airlines halted all flights in late September 2025, with the UK Civil Aviation Authority confirming that the Reykjavik‑based budget airline had ceased operations and that every PLAY‑operated flight was cancelled.

Coverage of the collapse states that around 400 PLAY employees are losing their jobs as a result of the shutdown.

This has all been the backdrop to a multitude of UK flights being cancelled in recent weeks due to the ongoing conflict in the Middle East.