Gold Crest Holidays Enters Liquidation With £927,000 Debt

Gold Crest Holidays, a UK-based travel firm with over 30 years of operation, has entered voluntary liquidation with debts totaling £927,000. The company ceased trading in January 2026, which led to the cancellation of all scheduled departures for the year. Affected trips include coach packages to the Cotswolds, Disneyland Paris, and various European cities.

According to a statement of affairs filed with Companies House, the firm's liabilities include £102,000 owed to ABTA and £63,000 owed to American Express. ABTA has officially classified the company as a financial failure and confirmed that customers who held protected package bookings are eligible for refunds.

The collapse follows a similar insolvency at Oxfordshire Travel Limited. This trend reflects broader pressures within the coach holiday sector, characterized by tighter profit margins and rising operating costs.