The company, based in Sandhurst, ceased being an Atol holder on 13 June. It held the brands Your Holidays, Great Little Escapes, Tunisia First and websites themaldives.co.uk, yourholidays.co.uk, thecaribbean.com and greatlittleescapes.co.uk.
It is a wholly separate company and brand to Great Little Breaks.
The CAA said: “If you are a travel agent of Great Little Escapes and you are currently holding consumer payments which you have not yet paid to Great Little Escapes, you must not use these funds to refund consumers until you have received instructions from the Air Travel Trust.”
It added: “Travel agents will be individually contacted by the CAA with specific instructions for these bookings.”
The authority also told agents not to submit fresh claims while waiting for more information “as these will be rejected”.
