Luxury yacht maker Sunseeker’s major distributors sail towards administration
Two major distributors of luxury British yacht maker Sunseeker are preparing to appoint administrators, TheBusinessDesk.com can exclusively reveal.
Sunseeker London and Sunseeker Poole are responsible for annual sales of £260m, although pre-tax profits in 2024 were below £1m.
The two businesses are under the common control of David Lewis and Christopher Head, and the two directors had both given personal guarantees to the group's bankers of more than £10m.
Sunseeker London is the parent company of a substantial network... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...