ANOTHER business has bitten the dust in the Gladstone region.
Rodgers Reidy have been appointed as liquidators of Yarwun Quarries.
Liquidator James Imray said the company was wound up via an application filed in the Federal Court of Australia by the Deputy Commissioner of Taxation because of its failure to pay its Running Balance Account Deficit Debt to the Australian Tax Office.
“We have completed our investigations into the company’s affairs and determined that the only realisable assets are debtors of approximately $18,000,” he said.
“The company sold its quarry business prior to being wound up, and the majority of sale proceeds were received by ANZ under its security interest.
“I note in this regard …
Read the full article at: https://www.gladstoneobserver.com.au/news/breaking-gladstone-based-quarry-company-collapses-/3196889/