Caravan builder Highline Caravans collapses into liquidation owing $1.14m

A caravan manufacturing company has collapsed with debts of more than $1 million.

On Tuesday, Victorian-based Highline Caravans Pty Ltd went into voluntary liquidation.

The melbourne company designed and built custom caravans for customers.

Highline Caravans has been a registered business for 11 years, since 2013, and offered 13 different models to customers including an electric vehicle.

Altan Djenab, from insolvency firm Wild Apricot, is the appointed liquidator. He has been contacted for comment.

Documents he submitted to the corporate regulator, ASIC, shows that the business has left behind some hefty debts in the wake of its demise.

A total of $1.14 million is owed to creditors. There’s around 60 organisations owed money.

That includes $235,000 to the Australian Taxation office and a further $766,000 to another 58 unsecured creditors.

The Victorian State Revenue Office is also understood to be a creditor.

Staff are not owed any money, according to the report.

An initial estimate puts the company’s assets at just $10,000.

Mr Djenab told The Herald Sun that the company appears to have failed due to a lack of orders.

The Covid-19 pandemic turbocharged the caravan industry and it’s still a popular mode of holidaying.

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