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$2m debt as school, hospital, shopping centre aircon company enters liquidation – Courier Mail

A 35-year-old Moreton Bay based mechanical services company has crumbled under financial strain, entered into liquidation while owing $2 million to employees, the ATO and suppliers.

Lawnton-based Venmist Air Pty Ltd and Venmist Pty Ltd recently announced it would go into voluntary liquidation, following a history of projects with an array of large and medium-sized builders around Queensland.

It ceased operations the day prior to entering into voluntary administration on February 20, 2024 and is now undergoing a liquidation process with a reported debt of $2 million to creditors and employees after a 35-year history specialising in airconditioning and ventilation design and installation.

According to the companys website, Venmist was est…

Read the full article at: https://www.couriermail.com.au/questnews/moreton/moreton-bay-mechanical-company-venmist-shuts-down-with-2-million-debt/news-story/d6c95c9a6a503eb548d4482eadf5e963?amp&nk=73f3d4e84b6b6106748e4da443d39952-1712217641

Category: LiquidationBy Insolvency Advisory AccountantsApril 4, 2024

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$2m debt as school, hospital, shopping centre aircon company enters liquidation – Courier Mail

A 35-year-old Moreton Bay based mechanical services company has crumbled under financial strain, entered into liquidation while owing $2 million to employees, the ATO and suppliers.

Lawnton-based Venmist Air Pty Ltd and Venmist Pty Ltd recently announced it would go into voluntary liquidation, following a history of projects with an array of large and medium-sized builders around Queensland.

It ceased operations the day prior to entering into voluntary administration on February 20, 2024 and is now undergoing a liquidation process with a reported debt of $2 million to creditors and employees after a 35-year history specialising in airconditioning and ventilation design and installation.

According to the companys website, Venmist was est…

Read the full article at: https://www.couriermail.com.au/questnews/moreton/moreton-bay-mechanical-company-venmist-shuts-down-with-2-million-debt/news-story/d6c95c9a6a503eb548d4482eadf5e963?amp&nk=f892c5d79244ccf9af82a08e9c818c16-1712214058

Category: LiquidationBy Insolvency Advisory AccountantsApril 4, 2024

Post navigation

PreviousPrevious post:White + Wong's and Botswana Butchery chain enters voluntary administration in Australia – New Zealand HeraldNextNext post:Shohei Ohtani camp changed its tune on interpreter's $4.5 million gambling debt – New York Post

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July 17, 2026
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$2m debt as school, hospital, shopping centre aircon company enters liquidation – Courier Mail

A 35-year-old Moreton Bay based mechanical services company has crumbled under financial strain, entered into liquidation while owing $2 million to employees, the ATO and suppliers.

Lawnton-based Venmist Air Pty Ltd and Venmist Pty Ltd recently announced it would go into voluntary liquidation, following a history of projects with an array of large and medium-sized builders around Queensland.

It ceased operations the day prior to entering into voluntary administration on February 20, 2024 and is now undergoing a liquidation process with a reported debt of $2 million to creditors and employees after a 35-year history specialising in airconditioning and ventilation design and installation.

According to the companys website, Venmist was est…

Read the full article at: https://www.couriermail.com.au/questnews/moreton/moreton-bay-mechanical-company-venmist-shuts-down-with-2-million-debt/news-story/d6c95c9a6a503eb548d4482eadf5e963?amp&nk=6b483ade9e6f72a89a5052c93125d0ad-1712210442

Category: LiquidationBy Insolvency Advisory AccountantsApril 4, 2024

Post navigation

PreviousPrevious post:Case note | Director's personal liability for insolvent trading – Lander & RogersNextNext post:A scheme meant to help people avoid debt is now causing it Centrepay needs urgent repair – The Guardian

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ASIC looks to force Sydney financial planner Capital Guard into liquidation over missing $17.4 million of investor funds
July 16, 2026
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July 15, 2026
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