Truly Travel, which traded as Teletext Holidays and Alpharooms, and parent Truly Holdings were finally dissolved this month, four and a half years after going into liquidation.
The company folded in November 2021 after the Competition and Markets Authority initiated legal action over a failure to pay £1.2 million in refunds to consumers due to Covid-era cancellations and Truly lost its Travel Trust Association (TTA) membership.
Liquidators Robert Cundy and Bijal Shah of Edge Recovery issued final reports on both companies last November.
More: Truly Travel failure ‘shows a real flaw’ with trust account model
Liquidators appointed to close down Teletext Holidays parent
They reported Truly Holdings held assets with a ‘book…