Business · Companies · 1 hr ago
Essential Caravans enters administration, putting more than 200 jobs at risk
Essential Caravans has entered administration, putting more than 200 jobs at risk.
The Australian-owned maker is based in Victoria and moved its manufacturing to one factory in Pakenham, near Melbourne.
The company has operated for more than 35 years and built more than 5,000 caravans since 2015.
Administrators are reviewing current builds and delivery schedules to reduce disruption for customers and dealerships.
They say the company is still aiming to complete existing customer orders.
It is the third Australian caravan business to face serious financial trouble in two months, following the liquidation of Maverick Campers and the administration of Australian Off Road.
The review will help determine how existing orders and deliveries are handled.
Essential Caravans entered administration last week, putting more than 200 jobs at risk.
Administrators Paul A. Allen and Glenn J. Franklin of PKF Melbourne were appointed on October 21.
The administrators and management said they are reviewing customer orders and delivery schedules.
The Victorian-based maker says it is still aiming to meet all existing customer orders.
The collapse follows financial troubles at other Australian caravan businesses.
- Who
- Essential Caravans, an Australian caravan maker that employs more than 200 people.
- What
- The company entered administration, putting more than 200 jobs at risk.
- When
- Last week; administrators were appointed on October 21.
- Where
- Victoria, Australia; its manufacturing was consolidated at a facility in Pakenham, Melbourne.
- Why
- Not stated for Essential Caravans.
This story does not have two clearly opposing sides.
Australian Off Road entered administration after 26 years.
Maverick Campers appointed joint liquidators.
Paul A. Allen and Glenn J. Franklin of PKF Melbourne were appointed administrators of Essential Caravans.
Essential Caravans fell into administration, according to documents lodged with ASIC.
- Employees
- More than 200
- Administrator appointment
- October 21
- Administrators
- Paul A. Allen and Glenn J. Franklin of PKF Melbourne
- Manufacturing facility
- Pakenham, Melbourne
- Caravans built since 2015
- More than 5,000
3 sources
What people are saying
The administrators and management team are conducting an immediate review of all current customer caravan builds and delivery schedules to minimise disruption to buyers and dealership partners.
The company is still aiming to meet all existing customer orders.