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Business

Pembrokeshire pub director fined for accounting offences

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AT Cardiff Magistrates’ Court, Kathleen Waters, the Director of the Jeffreyston-based pub business KDW Inns Limited, has been found guilty of multiple accounting offences. The 60-year-old from The Jeffreyston Inn, Jeffreyston, was previously fined in June for failing to submit the required accounts to Companies House.

On March 21, Waters faced three separate offences related to accounting malpractices following her previous conviction. The court heard that she failed to deliver essential documents for KDW Inns Limited’s accounts for the period ending August 31, 2021. Additionally, Waters was accused of not submitting the financial statements for the year ending August 31, 2022, a requirement for all companies operating within the UK.

The charges did not stop there. Waters was also found guilty of failing to deliver a confirmation statement within 14 days after a review period, an essential requirement for maintaining the legal status of a business in the UK.

Pleading guilty to all charges, Waters was fined a total of £775. Furthermore, she has been ordered to pay a £310 surcharge along with £75 in court costs. This case highlights the legal responsibilities of company directors in maintaining accurate and timely financial records, a cornerstone of corporate governance and transparency.

The conviction of Waters serves as a reminder to all business owners and directors of the importance of adhering to financial regulations and statutory requirements.

  • The Pembrokeshire Herald remains committed to bringing its readers up-to-date reports on significant legal proceedings affecting the local business community.

Business

£20m investment to secure future of Fishguard Port

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Largest ferry to visit Fishguard as Stena Line commits to long-term upgrade

FISHGUARD Port is set for a major upgrade after ferry operator Stena Line announced a £20 million investment to replace the town’s ageing linkspan bridge.

The new infrastructure, described as “overdue” by the company, will provide increased flexibility and secure the long-term viability of the Pembrokeshire port, which serves the route to Rosslare in the Republic of Ireland.

Stena Line said it hopes construction on the new drawbridge-style linkspan will begin in 2026, with completion targeted for 2027. The company said the investment demonstrates a commitment to Fishguard for the next “30 to 40 years”.

Boost following Holyhead closure

Fishguard saw an unexpected increase in traffic in December 2024, after Storm Darragh damaged berthing terminals at Holyhead. The disruption meant freight traffic and ferries were redirected to Fishguard to relieve pressure on the Irish Sea route.

During this period, the Stena Adventurer — the largest ferry ever to visit the port — docked in Fishguard for the first time.

Ian Davies of Stena Line acknowledged that the new investment was long-awaited: “It’s overdue,” he said, but added that the upgraded linkspan would allow far more flexibility for vessels and scheduling in the years ahead.

Abandoned plans revived

A similar project to upgrade the port was cancelled in 2018, raising concerns locally about Fishguard’s future as a ferry terminal. At the time, tenders had already been invited for the build, but the scheme was scrapped unexpectedly.

The current single-lane linkspan, which dates back to the early 1970s, has been nearing the end of its working life for some time. Its replacement is expected to bring the port up to modern operational standards and support future vessel deployments.

Stena Line currently operates two roll-on roll-off ferry services per day between Fishguard and Rosslare.

The investment announcement has been welcomed by port users and the local community as a sign that the port will continue to play a key role in west Wales’ transport and economic infrastructure.

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Business

Celtic Holiday Parks in administration as buyer sought

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Popular holiday sites at Narberth and Amroth continue to trade

CELTIC HOLIDAY PARKS, the family-run company behind two of Pembrokeshire’s best-known holiday parks, has gone into administration.

The award-winning business operates Noble Court Holiday Park in Narberth and Meadow House Holiday Park in Amroth. Both sites remain open and trading as normal, with all employees retained and bookings unaffected while a buyer is sought.

High Court appointment

The administration was formalised on 27 May 2025 by the High Court’s Business and Property Court under case number 000020 of 2025.

Joint administrators Alistair Wardell and Richard Lewis of Grant Thornton UK LLP were appointed to oversee the process. Their Cardiff office, based at 3 Callaghan Square, is handling all enquiries.

Statement from the administrators

A spokesperson for the joint administrators at Grant Thornton said: “Alistair Wardell and Richard Lewis of Grant Thornton UK Advisory & Tax LLP, 3 Callaghan Square, Cardiff CF10 5BT were appointed as joint administrators of Celtic Holiday Parks Limited on 27 May 2025.

“The joint administrators are continuing to trade the company’s business whilst a buyer is sought, and the company’s employees have been retained to support this strategy.

“We confirm that, unless customers are contacted and advised otherwise, their bookings will go ahead and access to the parks will continue as normal for owners of caravans and lodges.

“Should you be interested in acquiring the company’s business and assets, please contact the joint administrators’ team.”

Years of investment and accolades

Celtic Holiday Parks was founded in 2003 and led by managing director Huw Pendleton, who has overseen more than £6 million of investment in the parks over recent years.

Both sites offer a range of high-quality accommodation, including static caravans, glamping units and luxury lodges with hot tubs. Meadow House also includes an indoor pool, gym, restaurant and access to the Pembrokeshire Coast Path.

The business secured a six-figure loan from HSBC in 2020 under the UK Government’s Coronavirus Business Interruption Loan Scheme (CBILS), enabling the development of 54 new holiday units.

In 2022, Mr Pendleton received an industry award for his outstanding contribution to UK tourism, and the company has previously been recognised as Pembrokeshire’s best caravan and camping park.

Buyer invited

The Herald understands the administrators are currently in talks with interested parties and invites serious enquiries from potential buyers.

Anyone wishing to express an interest in purchasing the business or its assets is advised to contact the joint administrators without delay.

PHOTO CAPTION:

Photos: Luxury lodges and views from Meadow House (Images: Celtic Holiday Parks)

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Business

Pembrokeshire businesses recognised at national rural awards

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Velfrey Vineyard and Coterie Leather celebrated at Westminster reception

PEMBROKESHIRE MP Henry Tufnell has praised two local businesses for their contribution to the county’s rural economy, following their recognition at the Countryside Alliance Champions Reception held at Westminster.

Velfrey Vineyard, based near Narberth, and Coterie Leather, which produces hand-crafted leather goods in Pembrokeshire, were both honoured at the annual event, which celebrates outstanding rural businesses from across the UK.

Mr Tufnell said it was “a real privilege” to meet Andy and Fiona from Velfrey Vineyard, along with Tracey from Coterie Leather, and to see their hard work acknowledged on a national platform.

“These are two incredible local businesses – putting Pembrokeshire on the map, and contributing so much to our local economy,” Mr Tufnell said.

Velfrey Vineyard is known for its crisp Welsh sparkling wines, produced from grapes grown on the south-facing slopes of the Lampeter Vale. The vineyard has been steadily gaining national recognition for both the quality of its wines and its commitment to sustainable viticulture.

Coterie Leather, meanwhile, specialises in high-quality leather bags and accessories, all produced locally using traditional methods and ethically sourced materials. The business has built a loyal following for its craftsmanship and sustainable values.

Speaking after the event, Mr Tufnell encouraged residents and visitors alike to support local producers. “If you’re looking for a crisp Welsh wine to enjoy in this sunshine, or a sustainably produced leather bag to pack your summer essentials – you know where to go.”

The Countryside Alliance Awards, often referred to as the “Rural Oscars”, are held annually to celebrate businesses that go the extra mile to support their communities and promote the rural way of life.

Photo caption: Proud moment: Andy and Fiona from Velfrey Vineyard, and Tracey from Coterie Leather, meet Henry Tufnell MP at the Countryside Alliance Champions Reception (Pic: supplied).

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