Today M&D's confirmed via a Facebook post that the company had gone into Administration.
The theme park was popular with end of year school trips and during the school summer holidays.
M&D's issued the following statement:
"We can confirm that Leonard Curtis has today placed M&D Leisure Ltd into administration."
"It has been a challenging few years and we have worked really hard to try to diversify and keep the business afloat. Like many leisure businesses, the plans we had for the 2020 season have had to be cancelled due to COVID-19."
"We explored all options to try and safeguard the business and jobs of our colleagues, many of whom are longstanding, however it is with a heavy heart that we are having to make 165 employees redundant."