Following their appointment as joint administrators to Bidston Marine, Kerry Bailey and Jon Newell, of PKF, had few words of comfort for those who had laid deposits of up to £40,000 on boats.
Bailey said: ‘This is a very sad case to be involved in as up until six weeks ago the business was operating normally.’
‘We’re currently assessing the situation and contacting those who paid deposits and various stage payments. Some have paid between £11,000 and £40,000 and have nothing to show for it.’
He added that the administrators would assist those with part-finished vessels to find alternative boat builders to complete the work
Bidston Marine ceased trading and made staff redundant at the end of April following the ill health of managing director, Martin Banner.
The demise of the company would bring down the curtain on the last remaining boat builder on the Cammell Laird site in Birkenhead.
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