Yet another building company has collapsed, becoming one more casualty amid an industry-wide crisis.
NSW-based Rescon Builders Pty Ltd, which was trading as Rescon Granny Flats, went into voluntary administration at the end of June.
As its name suggests, the builder specialised in granny flats and worked on projects across Sydney, and the NSW south coast as well as the Central Coast and Newcastle.
Christopher Darin of insolvency firm Worrells is the appointed administrator.
While the firms website remains live, the only message greeting customers is a notice that Rescon builders is now in the hands of administrators.
On Friday 30th June 2023, Christopher Darin of Worrells was appointed as Voluntary Administrator of Rescon Builders Pty Lt…
Read the full article at: https://www.news.com.au/finance/business/other-industries/victoria-and-nsw-builder-collapse-amid-industrywide-crisis/news-story/a0646f7fd7f828032633e0c93707faac