Adventure Leisure Vehicles Ltd (05636333): administration
- Status
- Administration ended
- Administration began
- 2025-08-20
- Administrators
- Gareth Harris, Christopher Ratten
- Administrators' firm
- RSM
- Formerly
- Airstream Europe Ltd
- Incorporated
- 2005-11-25
- Location
- Leeds
- Industry
- 45190 Sale of other motor vehicles
Why it went into administration
- Property / lease costs
- Rising interest rates
- Weak consumer demand
- HMRC / tax arrears
From the administrators' statement
Adventure Leisure Vehicles Limited (‘the Company’) was incorporated on 25 November 2005 and operated as a caravan dealership and motorhome specialist. The Company operated from leasehold premises at Unit 8 Tebay Business Park, Old Tebay, Penrith CA10 3SS, which was also its registered address prior to the appointment of the Joint Administrators.
As well as being a retailer of new and used caravans and motorhomes, the Company also provided servicing, maintenance, aftercare and repairs. The Company was historically successful, regularly achieving turnover in the region of £6.5m - £7.5m. It enjoyed increased profits from late 2020 onwards as a result of the increased trend of holidaying within the UK.
During the two years preceding the Joint Administrators appointment, the Company has struggled with increasingly difficult market conditions, rising interest rates, and the resulting change in consumer spending habits on big-ticket items like caravans and motorhomes. These factors contributed to the Company struggling with increasingly slim operating profit margins.
Administrators' statement of proposals (2025-11-06) · Companies House register