National Holidays goes into administration

AndrewP

Striker
I doubt it will cover full profits. If they are only covering 2.5k in lost income a month they aren’t going to pay out for profits.... which a lot of people use as a vehicle to pay themselves through dividends to be tax effective shall we say
I thought it was straight up net profit at 80 percent. It sounded like a good deal. I'm not self employed so didn't check the fine print.
 

Boz33

Winger
I thought it was straight up net profit at 80 percent. It sounded like a good deal. I'm not self employed so didn't check the fine print.
Yeh but you’re effective net profit is your wages for a one man show etc.
Bigger companies it’s just the furlough scheme and that’s just a delaying tactic for massive job losses to come
 

Gillythedilf

Central Defender
Better news for the wad tho. He's finally gonna have to take her on a proper holiday the tight knacker. :lol:

It's a shame tho really. Hopefully everyone involved can get sorted asap.
Hand on heart mate it’s not about money.Its more of the case of the convenience,Not being out of my own bed for more than one night and of course value for money.
 

Chalks

Midfield
I think the smaller ones will be getting their money from the self employed scheme thing soon.
Larger ones will be waiting for them to fail so they can buy them up, easiest way of expanding as the councils still need the service
 

Adamfsafc

Central Defender
Gutted about this. Only just discovered them a couple of years back. Seemed really popular, so very surprised as well.
 

JAZZMANB

Striker
You know when we buy something and say " how do they do it ? "
Well all these people are weeks away from not doing it and that time has come ...
Without the punters all the places they go to are also finished
Someone will fill the gap in the market,demand is there.
For taking people away for two nights all inclusive for £89 or whatever ?
It doesn't add up, never did but kept everyone just off the precipice
 
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OOOSH YEAH

Midfield
You know when we buy something and say " how do they do it ? "
Well all these people are weeks away from not doing it and that time has come ...
Without the punters all the places they go to are also finished

For taking people away for two nights all inclusive for £89 or whatever ?
It doesn't add up, never did but kept everyone just off the precipice
That’s why the hotels that are on NH are going to collapse. Game over for a lot of people cos of this.
 

42

Midfield
I'd be surprised if once this is all over, someone else doesn't take on the business. Theyd get a load of busses on the cheap & they have a decent sized customer base who use them on a regular basis. Even if prices need to increase 10-15% they'd still be good value.
Another bus travel group goes kaput,
Specialist travel leisure including coach companies Wallace Arnold and Shearings and a few hotels with it
That's the same company
 

Boz33

Winger
I'd be surprised if once this is all over, someone else doesn't take on the business. Theyd get a load of busses on the cheap & they have a decent sized customer base who use them on a regular basis. Even if prices need to increase 10-15% they'd still be good value.


That's the same company
Most of the customers will be oldies so may be a while before they can get them all
on a bus/ trip together
 
I'd be surprised if once this is all over, someone else doesn't take on the business. Theyd get a load of busses on the cheap & they have a decent sized customer base who use them on a regular basis. Even if prices need to increase 10-15% they'd still be good value.
Someone will fill the gap in the market at the other side of all this.
 

Boz33

Winger
I'd be surprised if once this is all over, someone else doesn't take on the business. Theyd get a load of busses on the cheap & they have a decent sized customer base who use them on a regular basis. Even if prices need to increase 10-15% they'd still be good value.


That's the same company
Ah so it is 🙄, bloody thing popped up
On my news feed as breaking news, last time I ask Jeeves for breaking news 😂
 

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