Fifteen staff lose jobs at Brisbane marine dealer

by Bob Wonders on 26 Jan 2008 One of Brisbane's most prominent marine dealers, Redcliffe’s Sundown Marine and an associated company, Capricorn Cruisers, have ceased trading and entered into voluntary administration.

Anthony and Deborah Skillen have been identified as directors of the two companies by the administrators, Kordamentha, (Qld).

Powerboat-World was unable to make contact with either director and the administrators were unable to answer our many queries.

“We can only say at this stage that we are evaluating the situation and may be in a position to reveal more in a week or two, “a spokesman explained.

A creditors’ meeting was scheduled for the end of the week and we understand major creditors include Quintrex, CoxCraft, Yamaha, Bombardier Recreational Products, Shimano, Bob Littler Agencies and Raymarine, among others.

Sundown Marine was established by Russell and Denise Wright and under their leadership became one of the state’s most prominent marine dealerships.

It was formed at a much smaller facility in Redcliffe before the Wrights moved into the current 1.5-acre property some 16 or so years ago.

Anthony and Deborah Skillen, believed to be close friends of the Wrights, purchased the company several years ago.

Several industry observers we spoke with were unable to shed any light on the situation, most expressing surprise at the appointment of administrators.

We did learn that the Sundown Marine was on the market and that a sale was imminent.

Apparently the deal “fell over” at the last minute and Voluntary Administration became the necessary step.

Barry Hibberd, general manager of Marine Queensland, expressed his disappointment at the news.

“We’re in an industry that experiences highs and lows and it’s always shame when companies as well known as Sundown Marine and Capricorn Cruisers apparently run into trouble,” he said.

“We can only hope that the administrators can clear the decks to everyone’s satisfaction.

“I am particularly concerned, of course, at job losses and sincerely hope other businesses within the boating industry are able to absorb some of these experienced people,” he added.

Powerboat-World will try and maintain contact during the week with Kordamentha and attempt to explain the situation more fully.