Anex distances itself from Enjoy Holidays collapse

Anex distances itself from Enjoy Holidays collapse

The Turkish company that bought UK agent Enjoy Holidays last year says the firm’s collapse left it seriously out of pocket and it was not responsible for the failure.

The five-store high street agency chain, that was managed by Ronnie Findlay, went out of business on Thursday last week with around 750 forward bookings, according to the CAA.

In a statement Anex Trading Company claimed it had agreed to sell the firm back to Findlay on June 13, just six months after he was forced to sell it to secure its future.

Anex claimed the collapse had left it hundreds of thousands of pounds out of pocket and said that it would be taking legal action against Findlay.

An Anex spokesman said: “Anex Trading Company purchased the shares of Enjoy Holidays in December 2011.

“At that time Enjoy Holidays was in need of cash and had a significant balance sheet deficit. Significant sums were then invested in Enjoy Holidays.

“We feel sorry for all those who has been affected and that our name has been involved in circumstances for which we are not responsible.”

Anex referred to a break down of trust with Findlay who claimed to Travel Weekly last week he had done all he could to reach an agreement with Anex but that certain conditions could not be satisfied.

At the time of the collapse Findlay’s version of events contrasted markedly with that of Anex.

“This did not need to happen, it’s nothing to do with the trading situation of the business which was good in a difficult year,” he said.

Enjoy Holidays had branches in Chalfont St Peter and Woburn Sands, Milton Keynes. It also operated as Allen Sturges Travel in Bedford, where it had two branches, and Flitwick.

Speaking to Travel Weekly this week Findlay admitted his career in travel was over but that attempts were being made by his wife Nikki, Enjoy Holidays operations manager, to resurrect the business under a different name.


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