by Holly Tribe
Somerset Caravans, based on the outskirts of Taunton, has been forced into administration due to significant cashflow problems.
According to the BBC, administrators Begbies Trayor have stepped in to find a new buyer for the ailing dealership.
The business sells a range of new and used caravans alongside an accessories shop and on-site service centre, but it has been experiencing severe financial difficulties caused by production and supply issues.
Joint administrator, Ian Walker, commented it is a strong business in a good location and the intention is to sell it as a going concern.
“Somerset Caravans is a well-known, long-standing Somerset business, which has traded profitably from a great location on the outskirts of Taunton, next to the proposed new junction with the M5.
“It is a good business which offers not just caravans but a whole range of camping supplies, and therefore is in a position to take advantage of the growing trend for family camping and caravanning holidays in the South West,” he said.
Of the 21 staff -16 will be retained while Begbies Trayor search for a buyer.
