Eleven UK travel companies have entered liquidation since the start of 2025, leaving customers chasing refunds for cancelled flights and holidays, and staff facing redundancy. The collapses, driven by ongoing conflict in the Middle East, have shaken the travel industry.
Oxfordshire Firms Hit Hard
Oxfordshire Travel Limited, a coach and passenger land transport firm near Kidlington, went into liquidation in October 2025 after a decade of trading. Liquidators were appointed when the business could no longer operate or pay its debts.
Set Sail Cruises Ltd, also based in Oxfordshire, was dissolved on March 17, 2026, cancelling all planned sailings. The agency was only two years old, having been incorporated on February 4, 2024.
The Padel Travel Club Limited shut its doors with approximately £41,000 in short-term debts, cancelling any trips that had not yet departed. Incorporated in February 2023, it was struck off the Companies House register following a voluntary strike-off. Documents indicate the company had insufficient assets to repay creditors in full, though a final liquidation statement is pending.
London and Glasgow Losses
Regen Central Ltd, an ATOL-licensed travel agency based in London selling flight-and-hotel packages to Europe and Southeast Asia, lost its ATOL on January 13. The company subsequently fell into liquidation and cancelled all bookings.
Simply Florida Travel Ltd, based in Glasgow and known for selling “dream holidays” including trips to Disney World, was stripped of its ATOL holder status after dissolving in early January. Holidaymakers were left chasing refunds as all packages and flights were cancelled.
Coach Operator and Others
Gold Crest Holidays, a coach-tour operator running trips across the UK and abroad, collapsed and ceased trading in early 2026. Following liquidation, all staff members were made redundant.
Other travel companies that have stopped trading or dissolved since 2025 include Asiara UK Ltd, Jetline Travel Ltd, Great Little Escapes LLP, and New Era Travel.
Lancashire Firm Ends 42-Year Run
Most recently, Strachan Travel Ltd, a Lancashire-based firm incorporated in 1983, entered voluntary liquidation. Resolutions to wind up the company were recorded on June 11, with liquidators appointed on June 16, according to The Gazette.
Industry Outlook
The collapses come amid widespread uncertainty in the travel sector, following warnings from the Government and airlines in response to the Middle East conflict. However, with a peace agreement now signed and several travel restrictions lifted, there is renewed hope for the industry.
