The Aito specialist operator and Abta member was founded in 1973 and traded as Scandinavia Only and Taber Holidays.
"This is certainly not a decision that’s been taken lightly," said managing director Suzel Taber-Shaw.
"We remain a solvent company – however, the future seems so much less bright now than it did at the start of 2020. Then, we looked forward to further building upon the excellent year’s start that we had enjoyed; our business was in a very healthy financial position.
"Now, 12 months later, with ongoing restrictions and uncertainty, we have made the difficult decision to wind down our business in an orderly manner."
