Paul Zalkin and Maxine Reid of business advisory firm Quantuma have been appointed as joint administrators of Brighton Holiday Homes Ltd. This follows action taken by a major creditor after the business closed unexpectedly on 29 May 2019.
Founded in 2005 and headquartered in Brighton, the business specialised in short-term holiday lettings in the local area. The reasons for the failure of the business are not known.
Paul Zalkin, Joint Administrator at Quantuma said: “Our immediate focus will be to contact the company’s directors so they can assist us in managing communications with customers who have been left out of pocket, with no explanation as to what has happened to their bookings.
“We will robustly investigate the company’s financial affairs and the circumstances leading up to its failure. At this early stage the situation is uncertain, but we will endeavour to secure the most positive outcome possible under difficult circumstances.”
Notes to Editors
Quantuma is a leading business advisory firm which works with businesses at the key milestones, delivering partner led solutions to help clients take advantage of opportunities and overcome a range of operational and financial challenges, enabling them to achieve their business objectives and ambitions. Offices in London, Southampton, Marlow, Watford, Brighton, Birmingham, Bradford, Nottingham, Bristol, Manchester, Ringwood and Weymouth. In July 2018, the firm opened two international offices in Cyprus (Nicosia and Paphos).