LUXURY sydney boat company Andrew Short Marine has gone into liquidation — just days before the second anniversary of its founder and namesake’s death in a yachting accident.
A devastated Matthew Short, who took charge of the family firm following the death of his brother Andrew in 2009, confirmed the company was no longer trading after shutting its doors for the final time last Thursday.
He said the family last week decided to pull the pin on the entire business on the advice of the National Australia Bank and had appointed receivers BRI Ferrier to liquidate the company.
The decision came just 12 days before the family were to mark the second anniversary of the death of founder Andrew, a renowned yachtsman, who was washed overboard when his yacht smashed into a reef on October 10, 2009, during the overnight Sydney to Flinders Islet race.
“We were trying to hang on but the stigma was just too great,” Mr Short told The Sunday Telegraph.
“The rumour was that we were in receivership and the amount of business dropped off so we had to make a call on the advice of the bank and much to our tears and disappointment we decided the company had to go.
“I was wishing like anything that the company would survive but it became more and more…
