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APD Leisure and Marketing Ltd wound up in the High Court

RDO / Archived Articles  / APD Leisure and Marketing Ltd wound up in the High Court
4 May 2010

APD Leisure and Marketing Ltd wound up in the High Court

APD Leisure and Marketing, a holiday club operator based in North Lancashire (England) suspected of fraudulent activity, has been wound up in the High Court following a successful Insolvency Service probe.

 

The company allegedly cold-called members of the public to tell them they had won a holiday and then made them attend a sales presentation where they were encouraged to join the holiday club. It is estimated that the company sold around 300 memberships and received almost £600,000, according to the Insolvency Service.

 

Timeshare owners targeted by the company may have been offered to trade in their ownerships for a cash back scheme, with the promise of a refund in 51 months.

 

It is understood that APD Leisure and Marketing supplied clients with access to surplus timeshare accommodation and wasn’t marketing any well known holiday clubs.
 

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