Overview
- Administrators Adam Paxton and Robert Croxen of Alvarez & Marsal were appointed to Cove Communities Venture 2 Medmerry OpCo Limited on September 8 to manage the West Sussex holiday-park company.
- The administration affects the Medmerry operating company within a wider Cove group that has seen several subsidiaries enter administration in 2026, including Argyll Holidays, Gwel an Mor and Solway Holiday Park.
- Some parks linked to the group have continued to trade and in certain cases kept or recruited staff while insolvency proceedings proceed, reducing immediate job losses at those sites.
- New Insolvency Service figures show administrations rose sharply in August 2026, with a 44% monthly increase and a 60% year-on-year rise driven largely by more than 250 connected real-estate companies.
- Local factors such as the 2024 flooding at Medmerry have shaped outcomes for individual sites and the broader situation highlights cost pressures for operators from higher energy, fuel and supply-chain expenses.