A marina in north Wales, which is part of a network of marinas owned by Cardiff-based Marine & Property Group, has gone into administration. Simon Monks, Nicola Clark, and Colin Haig, of accountancy firm Azets, have been appointed joint administrators of Port Dinorwic Marina Limited.
Port Dinorwic Marina Limited dates back to 1763 and has been providing berthing and marine services at the picturesque Grade II listed marina at Y Felinheli for many years. It has 180 berths offering a year-round cruising of the nearby Menai Strait, which separates Anglesey with mainland Wales.
However, the marina has experienced financial difficulties in recent months, administrators said, with the operations not reaching their potential during ongoing economic and financial uncertainty since the beginning of this year.
