An Australian caravan company has fallen into liquidation after almost 10 years in business.
Maverick Campers, which traded under the company Fetch Business Solutions Pty Ltd, appointed Yulia Petrenko and Malcolm Howell of Jirsch Sutherland as joint liquidators on Thursday.
Maverick Campers has fallen into liquidation after almost 10 years in business. Supplied
The company has showrooms in Adelaide, Brisbane, perth-wa-e7x” class=”sc-iRgEWu hHENWX”>Perth and Melbourne.
Liquidators said the company’s liabilities appear to exceed $6 million, based on currently available books and records.
Petrenko said the figure remains subject to verification as part of the liquidation process, including the assessment of creditor claims and the company’s asset position.
“It is still very early in the liquidation and there is a significant amount of work to be done before we have a complete picture,” she said.
“Our immediate focus is on affected customers and creditors and identifying the best way to preserve value and maximise recoveries.”
Liquidators have also taken possession of the company’s stock.
“With limited stock available, there was very little capacity for the business to continue normal trading or fulfil existing customer orders,” Petrenko said.
Maverick…