Rescue bid launched by struggling caravan business

Leicestershire caravan retailer Ryedale Caravan & Leisure has instructed PKF Smith Cooper to undertake a review into the business’s current financial position and options available.
The move follows Ryedale posting a notice of intention to appoint administrators, as we exclusively revealed last week.
PKF Smith Cooper has launched a marketing strategy in an attempt to find a buyer the business, with Brett Barton and Dean Nelson, business restructuring and recovery partners at working with the directors to try and rescue the firm.
Based in Shepshed, Ryedale Caravan & Leisure is one of Leicestershire’s largest caravan and motorcaravan dealerships, headed up by directors Andy Iliffe, Steve Morris and Dave Steer, who have more than 90 years’ experience combined in the trade.
In addition to selling new and used caravans and motorhomes as well as caravan accessories, the Leicestershire company owns a caravan repair workshop and is one of the Midlands’ leading insurance repair specialists.
The directors of Ryedale Caravan & Leisure said: “We are working with Brett Barton and Dean Nelson from PKF Smith Cooper, who are assisting us in reviewing the company’s options and aiding with the marketing of the business for sale.”