Tough trading conditions in the hospitality sector have struck again, with the collapse of another popular restaurant resulting on the loss of 15 jobs. Mexican restaurant Checho’s, in sydney’s outer western suburb of Penrith, closed its doors on Sunday, with the directors putting the company into liquidation yesterday. Checho’s had traded in the suburb since…
A meal delivery service in sydney and Newcastle has collapsed, with the owner revealing the tough economic climate has become too much to bear. Hartley Health owner Jordan Hartley took to Instagram on Thursday to tell customers the business would cease operating immediately after “a deal fell through” that morning, which was intended to help…
An Australian luxury fashion retailer, which spruiked celebrities visiting its store and stocked some of the world’s most famous designers, has collapsed owing $16 million. After nearly 40 years of operation Harrolds was quietly placed into liquidation at the start of October. The company was founded in 1985 with its first store opened in melbourne…
The move follows the liquidation of four entities associated with the business. Credit: vincentq/Flickr(Creative Commons). Australian luxury fashion retailer Harrolds has entered liquidation after nearly four decades in the industry, owing millions to creditors. This follows the liquidation of four entities associated with the company: Harrolds Logistics, JTP sydney, Harrolds Femme, and Nelson River International…
Australia’s toll of failed construction industry businesses will climb further, data company CreditorWatch warned on Wednesday after a high-end home renovations business went into liquidation leaving 95 customers stranded, some without insurance policies the director was required to arrange before accepting money. Ultimate Kitchens & Bathrooms went into liquidation owing unsecured creditors more than $4.6…
“We have no reason to believe this will change in the foreseeable future,” the statement said. “It is taking longer than anticipated to finalise our financial results due to extenuating circumstances related to the once-in-a-generation transition to the new sydney Fish Market. We are finalising the accounts with the appropriate level of due diligence, and…
The largest fish market in the southern hemisphere has hit back at claims it is close to financial collapse. The sydney Fish Market (SFM), responding to reports it was confronting an $8m loss for 2023-24 and had allegedly brought in insolvency experts, stated bluntly it remained a viable business. “Sydney Fish Market refutes claims that…
South-west sydney sign maker Inline National Signage, which was the scene of a deadly siege that killed one customer and injured two more, was declared insolvent last year with an alleged list of unpaid creditors. ProPrint understands Inline went into liquidation in early 2014 and was then bought out by current owner Chantelle Strnad. A…
Rich Lister Tony Denny says demands that his business pay “eight-figure sums” to fix “unsubstantiated defects” in an apartment building on the NSW Central Coast were the reasons behind the decision to put two companies associated with the project into liquidation. Central Construct, the building company that completed Vue – a development of 54 apartments,…
The companies behind two Oporto locations in