A group of popular holiday parks across England and Scotland face an uncertain future after the brand’s parent company announced several of its companies have gone into administration.
Cove UK, known for its family-friendly, scenic holiday locations, operates within the larger Cove Group, which includes about 25 to 30 companies.
While Cove itself remains operational, a number of subsidiaries within the group have gone into administration.
Several holiday sites could be impacted in England including Gwel an Mor Resort, in Cornwall, and Solway Holiday Park in Cumbria.
Meanwhile, north of the border, Scottish parks could also be affected, including Drimsynie Holiday Village, Hunters Quay Holiday Village and Loch Eck Caravan Park.
All of the UK parks currently remain operational, confirmed one of the joint administrators tasked with managing the ongoing affairs of Cove Communities Holiday Park UK and four of its affected subsidiary companies.
Adam Paxton, Managing Director, Alvarez & Marsal Europe LLP, told the Daily Mail: ‘As administrators, our priority is to ensure a smooth transition and maintain stability across the parks.
Several companies under a major UK holiday park operator have entered administration – which could affect tourist parks across England and Scotland, including Loch Eck Caravan Park in Scotland (pictured)
Cove UK, known for its family-friendly, scenic holiday locations, operates within the larger Cove Group, which includes about 25 to 30 companies (Pictured: Drimsynie Holiday Village)
While Cove itself remains operational, a number of subsidiaries within the group have gone into administration (Pictured: Solway Holiday Park in Cumbria)
‘We are working to ensure day-to-day operations continue with minimal disruption.’
He added: ‘Owners, residents and holidaymakers should not be impacted, and can contact the site managers with any questions they may have.’
As of November 17, Alvarez & Marsal Europe have been appointed as joint administrators for: Cove Communities Venture 2 Gwel an Mor OpCo Ltd, Cove Communities Venture 2 Solway OpCo Ltd, and Cove Communities Venture 2 Springwood OpCo Ltd.
Other companies in the wider Cove Communities group have not been affected and continue to operate as normal.
A spokesperson for Cove UK told Daily Mail: ‘We understand that public filings can sometimes prompt speculation and media interest.
‘However, we want to reassure all stakeholders that the Seal Bay is stable and trading normally.
‘We confirm that administrators have been appointed to Cove Communities Holiday Park HoldCo Limited and its subsidiaries, and this affects a number of holiday parks across the UK.
‘Seal Bay, our largest resort under the Cove UK group, is not part of the administration process and continues to trade as normal for our guests and owners.
Several holiday sites operated by these companies have been impacted, including Gwel an Mor Resort (pictured), in Cornwall, and Solway Holiday Park in Cumbria
Many Scottish parks have also been affected, such as Drimsynie Holiday Village (pictured), Hunters Quay Holiday Village, Loch Eck Caravan Park and others
‘Our focus remains on serving our customers and executing our long-term strategy. We appreciate the continued support of our employees, owners and customers.’
The news comes after the closure of two hugely popular Cornish tourist destinations – in the space of a couple of hours – left locals in shock amid concerns about the state of the county’s holiday industry.
Dairyland Farm Park, near Newquay, has been welcoming visitors for almost five decades, but shut its doors for the final time in November 2024.
Citing persistent financial struggles, the attraction shared its difficulties in trying to recover from the challenges presented by the Covid-19 pandemic against the backdrop of rising operating costs.
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