New South Wales Basketball Association Ltd can confirm that on Monday the 30th of March 2020, Horizons Group Travel Pty Ltd entered Voluntary Administration.
Rapsey Griffiths Turnaround + Insolvency in Newcastle has been appointed as the administrator.
‘Having considered a range of options on how to navigate its ways through the decline in inward and outbound travel booking due to the Covid-19 outbreak, the global pandemic was a ‘core reason’ for the travel agencies downfall’ said Jennifer Dean the Chair of Basketball NSW.
New South Wales Basketball Association Ltd is a shareholder in Horizons Group Travel Pty Ltd. Although Horizons Group Travel was operating out of the Basketball NSW offices in Homebush, Horizons is a separately run business and legal entity.
‘Horizons Group Travel has unfortunately joined what has become a long list of financially distressed businesses due to the covid-19 outbreak,’ Dean said.
Liquidator Details:
Rapsey Griffiths Turnaround + Insolvency
Level 5, 55-57 Hunter Street
Newcastle NSW 2230
Ph 1300 727 739
Email: enquiries@rgia.com.au