An award-winning leisure boating business based in the Welsh Valleys has been saved from administration with the support of PKF Littlejohn Advisory – safeguarding 30 jobs and hundreds of holidays.
Based in Llangattock, South Wales, Beacon Park Boats is a luxury canal boat holiday provider on the Monmouthshire & Brecon Canal. It has a fleet of over 20 boats and delivers hundreds of popular holidays every summer.
The company turned to PKF for support after turbulent trading after the pandemic and a long recovery left it with significant debts.
Having worked with the business since late 2025, the PKF team explored several avenues, including a potential Time To Pay arrangement with HMRC to securing additional external funding, but none were viable options.
As a result, Oliver Collinge, Partner in PKF Littlejohn’s Leeds office and Paul Williams, Partner and Head of Advisory in the London office, were appointed as joint administrators of Beacon Park Boats.
Following a short period of trading whilst in administration, during which PKF secured additional funding to trade the company, the joint administrators ensured that all summer holiday bookings were honoured and the team remained fully employed during one of the busiest seasons of the year.
The PKF team then sold the business out of administration to Timeout Escapes Limited in August.
Law firm Walker Morris advised the joint administrators, while interim funding and valuation advice was provided by Gordon Brothers.
Paul Reeves, Partner at PKF Littlejohn Advisory UK LLP, said: “Beacon Park Boats has an incredible heritage and a unique offer to holidaymakers wanting to explore the beautiful Welsh valleys. While the business had struggled in the years following Covid, its fundamentals were very strong and we had confidence that it could thrive given the opportunity.
“We are pleased for its loyal customers and staff that we were able to safeguard the company’s future. Businesses like Beacon Park Boats are all about people, and that was something we kept in mind throughout the process.
“It was good to work with the teams at Walker Morris and Gordon Brothers to ensure that the process went smoothly. It was particularly rewarding to help ensure that workforce was maintained, keeping decades of industrial knowledge in the local area.”
