A caravan builder based in melbourne has collapsed into liquidation with estimated debts of up to $1 million.
Highline Caravans Pty Ltd, located in the outer suburb of Campbellfield, went into voluntary liquidation this week according to a notice published on ASIC.
The company went bust potentially owing between $700,000 and $1 million.
Early reports have estimated at least 50 other businesses are owed money.
Altan Djenab, a corporate insolvency expert from Wild Apricot, has been appointed liquidator.
He said the business may have been dealing with a reduced amount of orders.
“It seems it’s down to a lack of orders,” he told the Herald Sun.
“But I’ve really got to get in and see what has happened.”
It is understood staff are not owed money.
Highline Caravans has been a registered company since 2013 and has manufactured a range of custom-made caravans.
They offered various options to suit travellers on a budget, those looking to head offroad or make space for the whole family.
Customer reviews for their products were generally positive, with many rating their caravans between four and five stars.
“Highly recommend Highline Vans! We’ve had 6 vans over the years and none of them compare to a highline. The quality and…
