Cyprus and Greece Direct ceases trading

Based in Barnet, North London, the company also operated under the names Ambassador Travel and Absolute Holidays.

A representative of the company told travelweekly.co.uk said it was about to hold a meeting of creditors before going into liquidation.

Any claims should be referred to ATBA’s claims handling partner CEGA before February 1 2009 on 01243 621500 or abtaclaims@cegagroup.com.