A NSW building company says it is on the brink of collapse after failing to pay a court-ordered refund to a customer and the regulator seeking to have it struck off the business register.
The sole director of the company has notified a court of plans to place the business into liquidation, though it has yet to go under.
Inventive Building Pty Ltd, which according to ASIC trades under the name Panelup, is a Wollongong-based business on the NSW south coast that specialises in off-site manufacturing for add-ons to existing houses.
That includes making modular granny flats and second storey additions for prospective customers.
At time of writing, its website was no longer working but its social media accounts are still live.
John Liou claims…
Read the full article at: https://www.news.com.au/finance/business/other-industries/nswbased-portable-building-company-tells-court-its-on-brink-of-liquidation/news-story/6677fbe49819b10f9aa15850299de8c4