"It is with great regret that we have taken the decision to cease trading effective from Monday 30 November," said the firm in a message posted to its website.
"We would like to thank all of our loyal clients who have chosen us to take their holidays with over the years, along with the staff who have worked hard to provide our clients with the very best holidays.
"We have tried very hard throughout this period, however, unfortunately we are left with no other alternatives but to take this very difficult step, and we are so very sorry to everybody affected."
