Fuerteventura Forum

General Chit Chat & Queries - no commercial links => Queries n Questions - Please keep this section succinct. => Topic started by: Timbo on July 16, 2016, 00:54:53 AM

Title: Lowcost holidays in receivership
Post by: Timbo on July 16, 2016, 00:54:53 AM
As Of 15th July Lowcost holidays are now in receivership. I would advise anyone who has booked through them to visit their website. Seems most people will lose their holidays. I am one of them. Do not bother to email them or the address on their website for the receivers as it only logs the mail and you will only get a standard letter of apology and nothing else. As follows:

Dear Sir / Madam



Lowcosttravelgroup Limited (in administration) (the “Company”)

Lowcostaviation.com Limited (in administration)                   

Lowcostbeds.com Limited (in administration)

Lowcostholidays Limited   (in administration)                           

(“the Group”)



Thank you for your email.



Finbarr O`Connell, Henry Shinners and Colin Hardman of Smith & Williamson LLP and Lane Bednash of CMB Partners UK Limited were appointed joint administrators to the Group on 15 July 2016.


This email is an automated response to acknowledge receipt of your email.   The joint administrators and their staff do not monitor this email account and the emails sent to it will be used at some future date to assess the level of creditors of the group.



Anyone affected by the Group`s administration should visit the Company`s website where the most up to date information may be found.

Website:              http://www.lowcosttravelgroup.com/


For and on behalf of
Lowcosttravelgroup Limited



Finbarr O`Connell

Henry Shinners

Colin Hardman

Lane Bednash

Seems we were conned out of our money by another group of shysters.

b'stards
Title: Re: Lowcost holidays in receivership
Post by: duncolm on July 16, 2016, 10:24:13 AM
Bad situation for you. I hope you can get something back through the various channels described at http://www.moneysavingexpert.com/news/travel/2016/07/low-cost-holidays-calls-in-administrators

This appears to have been a company who presented themselves as British but had moved to Spain and so aren't covered by Atol or ABTA protection. Their claim that the Brexit vote has caused their problems certinly doesn't ring true.
Title: Re: Lowcost holidays in receivership
Post by: Johnrgby2 on July 16, 2016, 11:35:37 AM
Quote from: duncolm on July 16, 2016, 10:24:13 AM
Bad situation for you. I hope you can get something back through the various channels described at http://www.moneysavingexpert.com/news/travel/2016/07/low-cost-holidays-calls-in-administrators

This appears to have been a company who presented themselves as British but had moved to Spain and so aren't covered by Atol or ABTA protection. Their claim that the Brexit vote has caused their problems certinly doesn't ring true.

I wonder how many times we are going to hear BREXIT CAUSED IT in the coming months it will be a plaster for all cuts {dodgy deals gone wrong}
Title: Re: Lowcost holidays in receivership
Post by: paully on July 16, 2016, 13:29:34 PM
They were another company operating on wafer thin margins in the `Bed Bank` arena. When things tightened up in the UK re regulations on packages became more stringent, they threw a hissy fit, you can imagine why, and left the jurisdiction of the UK for Spain. Sadly todays news comes as no surprise. They were the type of firm living a hand to mouth existence and when business dipped they went..
Title: Re: Lowcost holidays in receivership
Post by: Spike On Q on July 18, 2016, 00:34:00 AM
Companies going bust, countries in melt down, come on you Brits time to holiday in Skegness. It's so.much safer, it's what you all voted for. Sod those bloody foreigners!
Title: Re: Lowcost holidays in receivership
Post by: Brightspark on July 18, 2016, 00:38:24 AM
Quote from: Spike On Q on July 18, 2016, 00:34:00 AM
Companies going bust, countries in melt down, come on you Brits time to holiday in Skegness. It's so.much safer, it's what you all voted for. Sod those bloody foreigners!
Wanna try and work out if all this lot went bust because of Brexit too numpty balls

https://en.m.wikipedia.org/wiki/List_of_defunct_airlines_of_the_United_Kingdom
Title: Re: Lowcost holidays in receivership
Post by: Timbo on July 18, 2016, 01:16:56 AM
Quote from: Spike On Q on July 18, 2016, 00:34:00 AM
Companies going bust, countries in melt down, come on you Brits time to holiday in Skegness. It's so.much safer, it's what you all voted for. Sod those bloody foreigners!
[/quo

No wonder your radio station went tits up with a reply like that
Title: Re: Lowcost holidays in receivership
Post by: paully on July 18, 2016, 13:53:02 PM
Quote from: Spike On Q on July 18, 2016, 00:34:00 AM
Companies going bust, countries in melt down, come on you Brits time to holiday in Skegness. It's so.much safer, it's what you all voted for. Sod those bloody foreigners!


At the time of its ending Spike, this company was actually based in Spain and Poland. It had left the  UK because of tighter regulations on how these companies were required to operate. They went to Spain 3 years ago because protection for the customer was much, much less than it would have been in the UK..Just so sorry of over 100,000 who are facing holiday misery..

   Oh yes Spike,before I forget, I see you are still posting your gibberish after the twitching hour...take more water with it  :P :-*
Title: Re: Lowcost holidays in receivership
Post by: dee-dee on July 20, 2016, 05:47:11 AM
If anyone is interested there is a link on my Facebook from Martin Lewis the money expert on how you go about getting your money back  ;D
Title: Re: Lowcost holidays in receivership
Post by: Elite of the forum on July 20, 2016, 15:53:55 PM
Reckon might only get £7 back
Title: Re: Lowcost holidays in receivership
Post by: Brightspark on July 20, 2016, 16:26:24 PM
Get that woman back down to dross immediately please
Title: Re: Lowcost holidays in receivership
Post by: Timbo on July 20, 2016, 18:01:54 PM
Just found out from the caleta playa that they have not been payed so I will have to pay again when I get there :(. Another 616 Euros. Still the way things are going maybe next time I go it will be pesatas. :o
Title: Re: Lowcost holidays in receivership
Post by: dee-dee on July 21, 2016, 07:16:45 AM
Quote from: Art.50 Spark on July 20, 2016, 16:26:24 PM
Get that woman back down to dross immediately please
Are you still here?  ::)
Title: Re: Lowcost holidays in receivership
Post by: Spike On Q on July 23, 2016, 00:51:52 AM
The forecasts out today put the UK in recession in a few months time so you won't have to worry about foreign holidays. You won't be able to afford them.
Title: Re: Lowcost holidays in receivership
Post by: Ivemovedon on July 23, 2016, 02:30:48 AM
Not to worry. There's  always a cheap weekend in Skegness.
Title: Re: Lowcost holidays in receivership
Post by: Brightspark on July 23, 2016, 12:03:12 PM
Quote from: Holierthanthou on July 23, 2016, 02:30:48 AM
Not to worry. There's  always a cheap weekend in Skegness.
lmfao

Cromer for crabs anyone?
Title: Re: Lowcost holidays in receivership
Post by: Johnrgby2 on July 23, 2016, 12:46:09 PM
Quote from: Holierthanthou on July 23, 2016, 02:30:48 AM
Not to worry. There's  always a cheap weekend in Skegness.

Dear god I went there once, never again.
Title: Re: Lowcost holidays in receivership
Post by: Sir Real on July 23, 2016, 15:32:18 PM
Quote from: Art.50 Spark on July 23, 2016, 12:03:12 PM
Quote from: Holierthanthou on July 23, 2016, 02:30:48 AM
Not to worry. There's  always a cheap weekend in Skegness.
lmfao

Cromer for crabs anyone?

You can catch crabs anywhere - not just Cromer!
Title: Re: Lowcost holidays in receivership
Post by: Timbo on August 06, 2016, 22:47:08 PM
Yeah spike caught crabs last week yet again