Customers of Langford Jones Homes have been left in limbo after the melbourne-based homebuilder joined the raft of high-profile construction industry collapses last week, with a cyber attack just one of many reasons behind the company’s demise.
Jonathon Colbran and Richard Stone Partners (RSM) were appointed on 30 June as joint and several liquidators to Langford Jones Homes, which has been building custom-designed residential homes for more than 48 years in Melbourne’s bayside, south eastern suburbs and the Bass Coast.
According to RSM partner Colbran, a “perfect storm” of rising costs and external factors out of the company’s control led to the collapse of Langford Jones Homes, which was founded by Bruce Langford-Jones in https://www.businessnewsaustralia.com/1975.
“The company recently experienced a significant cyber-attack, higher costs for labour, supplies and materials, supply chain delays and skilled labour shortage and all of this has resulted in substantial financial losses to the business,” Colbran said.
“This perfect storm of supply and labour shortages and high costs are a common theme across the building and construction industry at the moment and unfortunately, it’s become unsustainable for Langford…
