Failed caravan company AOR allegedly traded insolvent since 2023

Administrators for collapsed caravan company Australian Off Road (AOR) have disclosed fresh allegations against its directors, suggesting the company may have been trading insolvently since 2023. The company, which had operated for 26 years, shut its doors in September, leaving nearly 50 customers who had paid for caravans that were not built, facing potential losses.

Administrators have reported a creditor bill of $14 million, up from the previously estimated $9 million. The administrators have identified potential offences including insolvent trading, reckless or intentional dishonesty, and improper use of position to gain advantage. AOR had made losses in three of the past four financial years and had a negative asset position of $3 million when it collapsed.

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