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.