A 30-year-old building company has collapsed into voluntary administration, joining a long line of builders to follow the same path in the last 12 months. Cubitts Granny Flats and Home Extensions announced on Tuesday morning it made the devastating decision which has left the futures of its 80 staff uncertain. A meeting was held earlier…
Cubitt’s Granny Flats and Home Extensions, an affordable housing company that has been operating in NSW and ACT for the past 30 years, has been placed into voluntary administration with debts of about $3.8 million. Directors of the family-owned company have appointed Richard Stone and Brett Lord from RSM Australia Partners as administrators following an emotional meeting…
Cubitt’s in Emu Plains. Share this story Local company Cubitts Granny Flats and Home Extensions has entered voluntary administration, its owners have confirmed. The business has been running since 1994 and has its head office in Emu Plains. This morning, we informed our loyal and hard-working staff in person where possible and remotely via video,…
By Lisa Edser For Daily Mail Australia Published: 11:53 AEDT, 27 February 2024 | Updated: 11:57 AEDT, 27 February 2024 Cubitts Granny Flats and Home Extensions has announced it would put itself into voluntary administration. The building company, which had been operating for 30 … Read the full article at: https://www.dailymail.co.uk/news/article-13129241/Cubitts-Granny-Flats-Home-Extensions-goes-voluntary-administration.html
London-based event tech startup Hopin which shot to a $5.65bn valuation in 2021 just a year after launching has entered liquidation, according to UK Companies House filings. The documents state that accounting firm PwC will oversee the process. Last year, the company sold off some of its assets including its original product, the Hopin events…
South American migrant workers say they are still waiting to be paid following Buildhub’s liquidation. Photo / Michael Craig Around 145 staff who immigrated from South America have been fired or made redundant from labour recruiter Buildhub, the first liquidators report said. Gareth Hoole and Raymond Cox of Ecovis KGA in Newmarket laid off 115…
More than two dozen migrant workers at labour hire company, Buildhub, who used their life savings to move to New Zealand say their future is in limbo after the firm went into liquidation a week ago. The company, an approved employer under Immigration New Zealands (INZ) Accredited Employer Work Visa scheme, has been actively recruiting…
Analysis and Commentary on the Insolvency Statistics Q2 2023 The quarterly insolvency statistics for April to June 2023 show that corporate insolvencies across the UK1 are at a 14-year high. Increased insolvencies appear to be continuing with the monthly statistics for both August and September 2023, showing corporate insolvency numbers were higher than the same…
An Australian music company led by a director with a criminal conviction has been spared from going into liquidation, for now. News.com.au previously reported that NSW-based music company, Blue Pie Records, with offices in Australia and the US, had landed itself in hot water over claims from musicians that the record label had used their…