UK Holiday Park Firm Enters Administration After Flooding in West Sussex
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- 2
- Developments
- 1
- Repetition
- 50%
New informationRepeats or wire copies
What happened
Cove Communities Venture 2 Medmerry OpCo Limited entered administration on September 8, following flooding that occurred in 2024 in West Sussex. The company, which operated Medmerry Holiday Park, confirmed the site will not reopen. The wider Cove Communities group has seen several other subsidiaries enter administration this year, including portfolios in Scotland and Cornwall, though some of those parks remain trading.
From brentwoodlive.co.uk
Why it matters
The administration of the holiday park firm occurs amid a wider rise in insolvencies across the UK. This event highlights financial risks within the leisure and tourism sector, particularly those exposed to climate-related events.
Government policy decisions affect local council operations in West Sussex.
From brentwoodlive.co.uk
Who's involved
- West SussexLocation where the holiday park firm operates and entered administration
- EnglandGeopolitical state where the company operates
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The entities involved
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West Sussex
ceremonial and non-metropolitan county of England
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Insolvency Service
executive agency of the Department for Business and Trade
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