Fri, 14 Oct 2011 | ADMINISTRATION
Administrators are currently meeting to determine the immediate future of boat building company, Orkney Boats Limited, after it fell into administration this week.
The company, which is based in Ford Lane Business Park, in Arundel, West Sussex, has been suffering badly since the recession, generating very few orders for new boats.
The company's founder and director, Chris Powell, said it was an exceptionally disappointing situation for the business, which he first started up in 1973. He said that the Southampton Boat Show, which they attended in August, had previously been a healthy source of business - but not this year.
"There were simply no buyers at the show," said Mr Powell. "Since this last recession, there have been no more orders coming in."
When the company was at its peak, it was the UK's largest maker and supplier of small-scale fishing boats, and sold its models to markets around the world. In its 38 years of operation it has built more tan 14,000 craft, ranging from 11 to 27 feet, many of which are still in use today.
Administrators have been appointed to the business from Portland Business & Finance Solutions, who have been holding meetings this week to discuss options.
The company designs and delivers electronic portfolios for organisations that capture and assess evidence for personal, professional, and organisation recognition, internationally. The company creates leading digital solutions that mirror and enhance...
A distributor of oils and ancillary cleaning products to a wide client base, and is not dependent on any one client or market sector. These Items are an essential component to ensure smooth operation of equipment and reduce wear & tear and reduce ope...
The company is an equestrian business comprising a popular retail store, accredited livery and riding facilities and a competitive events operation, operating from an attractive rural location in the East Midlands.
LEASEHOLD
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.