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Company behind Fantasy Island goes into administration

The company which owns an amusement park in Skegness has gone into administration.

Conduit Skegness Limited, and associated group trading companies, own Fantasy Island - which includes theme park rides, Europe’s largest permanent seven-day market and 340 static caravan pitches.

The business will continue to operate as usual while the administrators review the company’s financial position, and no job losses are expected among permanent staff.

The seasonal temporary expansion of the payroll during the summer holiday season will also continue as usual.

Paul Clark and Ben Wiles, Managing Directors of Duff & Phelps, have been appointed as administrators.

“Fantasy Island is an important leisure destination that attracts up to 40,000 visitors a day.

As we head into one of the busiest months of the year it is very much business as usual and customers should be assured that this will not impact their experience, whether they are visiting the rides, market or one of the shows.

"It’s also important for employees to know that their jobs will not be impacted during these busy summer months and we look forward to working with the team.”

– Paul Clark, Joint Administrator