Highline Caravans goes into liquidation
Ten-year old Campbellfield, Victoria caravan builder wound up, with debts of $1million-plusCampbellfield, Victoria custom manufacturer Highline Caravans has been placed in liquidation, with the factory shutting its gates earlier this week.
An online notice states that company members decided to wind up the company on May 7, with Altan Djenab of Wild Apricot Corporate Insolvency & Advisory Services in Melbourne appointed as liquidator. A date for a creditors’ meeting has not been announced.
According to a News.com.au article, more than $1million is owed to creditors, including $235,000 to the Australian Taxation office and another $766,000 to 58 unsecured creditors.
No staff are owed money, and the company's assets have been estimated at $10,000, according to a report submitted to ASIC, the corporate regulator.
According to the Highline website, the small Melbourne caravan builder was established in 2013 and offered a range of "custom designed and quality built caravans".
A number of Highline caravans were recently displayed at the 2024 NSW Caravan Supershow, on the stand of one of their dealers Set up Camp which also sells models from Star Vision Campers and Hilltop Caravans. There are also currently around 18 Highline caravans less than two years old listed for sale on caravancampingsales.
While continuing to focus on larger caravans, Highline was trying to attract buyers with the release of a smaller pod-style model as well as pricey full-electric off-grid vans like the 18ft 6in Zeus off-grid model with 14.3kW lithium power pack that was sold exclusively by Adelaide dealer, Dave Benson Caravans, and listed at the time at $159,990 (currently reduced to $129,990).
Highline had seven outlets in total located around Australia as well as New Zealand, and celebrated its 10th anniversary earlier this year on its Facebook page.
It's believed the business failed due to a lack of orders, as demand for recreational vehicles drops off in the wake of the COVID caravan boom in Australia which culminated in a record number of locally-built RVs and imports hitting showrooms in 2023.
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