Liquidators called in at Welsh ticket agency Ticketline UK
Buyers are being sought by insolvency firm CVR Global for Cardiff's Ticketline UK, which has been forced to make all staff redundant before Christmas
News By IQ | 23 November 2017
Cardiff-based Ticketline UK, which billed itself as “Wales’s largest independent ticket agency”, has been placed into liquidation.
Ticketline UK – which has no connection to the larger, Manchester-based multinational Ticketline – approached insolvency firm CVR Global after suffering a downturn in trade, according to CVR’s Elias Paourou and David Oprey, who will be appointed liquidators on 30 November.
“Unfortunately due to the increasingly competitive market of the ticketing industry, Ticket Line (UK) Ltd could no longer continue trading,” says Paourou. “We are now in the process of trying to find a potential buyer in the best interests of the company’s 2,000 customers.
“Customers who have paid for their tickets by credit card are advised to contact their credit card provider to establish if they are eligible…
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