Anyone Know Why?

Submitted: Saturday, Nov 15, 2008 at 17:08

ThreadID: 63546 Views:6257 Replies:8 FollowUps:8

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toyocrusa

Just had an email from my brother. He is on the gold coast caravaning as he is booked in to Boroma Caravans to have some modifications done to his van on 28/11. The management called him yesterday and said as of 8.00am 14/11 they had closed the business. Anyone heard why at all. Bob.

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Reply By: Member - Alan H (QLD) - Saturday, Nov 15, 2008 at 18:40

Saturday, Nov 15, 2008 at 18:40

website

And the plot thickens!!!!

AnswerID: 335404

Reply By: Cruiser .- Saturday, Nov 15, 2008 at 21:13

Saturday, Nov 15, 2008 at 21:13

toyocrusa,

By looking at the website link as posted in the first reply, it would appear that as Boroma are ready to move into their new premises soon, that the closure is temprorary so they can move from one factory to another.

............................................................................................

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Watch this space for photos of the new premises.

...........................................................................................

Cheers,

Cruiser .

AnswerID: 335423

Follow Up By: toyocrusa - Saturday, Nov 15, 2008 at 21:21

Saturday, Nov 15, 2008 at 21:21

Possibly. But they cancelled his work to the van and didn't re book it.

FollowupID: 603144

Reply By: Geoff (Newcastle, NSW) - Saturday, Nov 15, 2008 at 22:17

Saturday, Nov 15, 2008 at 22:17

Surely they said more than "Rack off"

And he said more than "Ok"

Geoff

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AnswerID: 335439

Follow Up By: RV Powerstream P/L - Sunday, Nov 16, 2008 at 11:20

Sunday, Nov 16, 2008 at 11:20

Geoff
Must be raining in Town or you would be painting the house.
This is the economic time when funny things can happen although not funny to the people with the products .
I hope its only a temporary hickup.
Ian

FollowupID: 603200

Reply By: toyocrusa - Sunday, Nov 16, 2008 at 16:56

Sunday, Nov 16, 2008 at 16:56

Talking to my Brother on the phone. He was moving van sites friday so missed the call but later found a message on his phone. Message said, regret to inform you but the business has been closed as of 8.00am fri 14th and placed in the hands of a receiver. He has been unable to contact them over the weekend so far. Bob.

AnswerID: 335540

Reply By: Gone Bush (WA) - Sunday, Nov 16, 2008 at 19:23

Sunday, Nov 16, 2008 at 19:23

Didn't take long for the bad economic times to bite; and that's a hard bite !!

Looks like anything's possible.

I'm glad I ain't too scared to be lazy
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AnswerID: 335570

Follow Up By: Member - John (Vic) - Sunday, Nov 16, 2008 at 21:04

Sunday, Nov 16, 2008 at 21:04

Unfortunately it won't be the last either :-(

As people have less to spend then leisure and travel will cope the first and probably the biggest hit.

VKS737 - Mobile 6352 (Selcall 6352)

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FollowupID: 603278

Follow Up By: GypsyOne - Monday, Nov 24, 2008 at 16:05

Monday, Nov 24, 2008 at 16:05

It is my understanding that they were in trouble long before this latest economic crisis.

Still can't understand why they moved into the new premises when they were already in trouble.

FollowupID: 604386

Reply By: Dunco (NSW) - Monday, Nov 17, 2008 at 08:57

Monday, Nov 17, 2008 at 08:57

It has been reported on another forum that Boroma have gone into the hands of a liquidator

And probably come back in 3 months under another name.

AnswerID: 335644

Follow Up By: Motherhen - Monday, Nov 17, 2008 at 16:37

Monday, Nov 17, 2008 at 16:37

Reports i have read say a Receiver not a Liquidator. Doesn't a Receiver see if the company is viable and try and trade out of trouble? Then if it folds a Liquidator comes in and sells off all the assets? I am no expert here. It does appears from these reports that doors are shut - but maybe they will open again run by the Receiver and there may be scope for toyocrusa's brother to get the work done?

Motherhen

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FollowupID: 603392

Follow Up By: Dunco (NSW) - Monday, Nov 17, 2008 at 18:03

Monday, Nov 17, 2008 at 18:03

Motherhen....

Potato ...potat o
tomato...tomat o

Who cares what is what...they have gone down the tube one way or another :-)

FollowupID: 603413

Follow Up By: Motherhen - Monday, Nov 17, 2008 at 18:09

Monday, Nov 17, 2008 at 18:09

Hi Dunco

It just may help toyocrusa's bro if Receiver does get the shop open again, as well as others with orders or work pending.

Mh

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FollowupID: 603414

Follow Up By: GypsyOne - Monday, Nov 24, 2008 at 16:07

Monday, Nov 24, 2008 at 16:07

It is the liquidator and the gates are closed with a security guard in place.

FollowupID: 604387

Reply By: Gone Bush (WA) - Monday, Nov 17, 2008 at 18:11

Monday, Nov 17, 2008 at 18:11

See this site:

http://www.caravanningnews.com/

appears it's all over red rover.

I'm glad I ain't too scared to be lazy
- Augustus McCrae (Lonesome Dove)

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AnswerID: 335730

Reply By: Ted G - Tuesday, Nov 18, 2008 at 13:34

Tuesday, Nov 18, 2008 at 13:34

Hi toyocrusa
We were one of the unfortunate 30 people that were ripped off by Nahi Gaxel from Viscount that went into recievership 3 times in about 3 years.
We lost a caravan worth $38,000 and other people the same as well as him ripping off his suppliers believed to be by about $3m plus.
So be wary when a caravan manufacturer goes into "liquidation" as they may restart up again only to do the same again.
The names used by Viscount included Viscount Manufacturing, Rv Manufacturing Gazel caravans.
There was a well known Qld caravan manufactruer/ retailer that was supposed to be in with Gazel rebirthing the caravans. and then selling them off.
So far no proof but be wary.
Regards
Ted G

AnswerID: 335885