A South Australian construction company has collapsed owing more than $4.5 million and leaving more than 200 projects incomplete.
Qattro Built Pty Ltd entered liquidation on Tuesday after being in operation for 15 years in South Australia.
Chris Powell and Nick Gyss from Duncan Powell have been appointed liquidators.
The liquidators said the company owes unsecured creditors more than $4.5 million.
Twenty five people are currently employed by the business.
The company has collapsed with over 200 construction projects worth over $110 million which are incomplete or haven’t been started yet.
Some of these projects include the Cedar Woods Fletcher Slip Development, p…
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