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Fairline Yachts in Oundle enters administration

  • Fairline Yachts has entered administration less than two months after being sold to new investors, as reported by Sky News.
  • The company's main lender, DF Capital, triggered the appointment of Alvarez & Marsal as administrators, according to Sky News.
  • Michael Magnay, joint administrator, stated that the business is continuing to trade as usual with no redundancies at this time, as reported by BBC News.
  • The company, founded in 1967, is actively pursuing a sale and is confident of interest due to its recognized brand and strong heritage, according to Michael Magnay.
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BBC NewsBBC News

Fairline Yachts in Oundle enters administration

Fairline Yachts will continue to trade normally and will not cut jobs, its administrator says.

·United Kingdom
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Sky News UKSky News UK
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khbrknewskhbrknews

Luxury yacht-builder Fairline collapses just weeks after sale

Northamptonshire-based Fairline Yachts has fallen into administration after a move by lender DF Capital just weeks after the business changed ownership, Sky News learns.

·United Kingdom
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Peterborough TodayPeterborough Today

Uncertain future for Oundle boat builder Fairline Yachts as it goes into administration

Search starts for a new buyer for manufacturer

·Peterborough, United Kingdom
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East Midlands Business LinkEast Midlands Business Link

Northamptonshire yacht maker falls into administration - East Midlands Business Link

A Northamptonshire luxury boat maker has fallen into administration, only weeks after gaining new ownership. Oundle-based Fairline Yachts, which was founded in 1967, has entered into insolvency proceedings after its main lender, DF Capital, triggered the appointment of administrators Alvarez & Marsal (A&M), according to reports from Sky News. It comes after Hanover Investors sold its […]

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nottinghamworld.comnottinghamworld.com

East Midlands business Fairline Yachts: Buyer sought for luxury yacht manufacturer after administrators brought in

Fairline Yachts, a renowned luxury yacht manufacturer, has entered administration. A buyer is now being sought to continue operations without redundancies.

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startupbusinessready.comstartupbusinessready.com

UK-based motor yacht manufacturer, Fairline Yachts in Administration #DigitalMarketing #MakeMoneyOnlineFast #EarnMoney #EarnMoneyOnline #Entrepreneur

Fairline Yachts has been placed in administration. D F Capital, a bank which was providing cashflow finance to help fund boats in build, called in Alvarez & Marsal to act as administrators on Friday 24 January Workers at the Oundle Fairline factory were informed of the news on Monday morning but for the moment have been told to carry on as usual while a new buyer is sought for the business. Fairline’s two biggest dealers, Approved Boats and Boat…

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Marine Insight broke the news in on Monday, January 27, 2025.
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