Former top perth insolvency accountant Oren Zohar is at the messy end of a $2 million-plus clean-up after the sale of swish home renovator Joyce Kitchens.
Mr Zohar, a WA pioneer of KordaMentha two decades ago, has put the former Joyce factory, retail and renovation companies into liquidation after selling the retail operations of the once-sprawling Joyce Kitchens group in February.
Mr Zohar has been attempting to finalise contracts that pre-dated the sale of the Osborne Park-based Joyce Kitchens operations to senior designer Dawn Metcalfe’s private company DSM Capital Pty Ltd.
He battled to restructure Joyce factory, renovations and retail operations through the COVID-19 upheaval after buying the group out of administration in 2019.
Mr Zohar said he had been working and providing funding to ensure that renovations for clients who signed up before the February sale were completed. “My intention is to ensure that any remaining employee superannuation is paid in full,” he said.
He thought the diverse group was in a strong position in July last year after JobKeeper ended and the retail arm enjoyed bumper sales.
But the former liquidator did not anticipate labour shortages and materials supply disruptions in the second half of 2021…
