All 14 employees at a plumbing company have lost their jobs on the spot just weeks before the firm appointed liquidators.

News.com.au can reveal that JL Plumbing & Drainage (VIC) Pty Ltd went under last Friday.

Liam Bellamy of insolvency firm RRI Advisory was appointed as the liquidator.

The business, based in Victorias Mornington Peninsula, carried out commercial and residential plumbing and had been a registered company since 2018.

But like many businesses in the building sector, financial woes started to hit JL Plumbing & Drainage, with trading losses and poor economic conditions.

The company had also failed to respond to a creditors statutory demand, which the liquidator, Mr Bellamy, said was another contributing factor.

It had 14 em…

Read the full article at: https://www.heraldsun.com.au/business/companies/plumbing-company-collapses-into-liquidation-as-staff-sacked/news-story/81deaeb1447dcf42101a4c1ddd10ab5a?nk=e718e732e992a811bca2b2ccdca8d505-1692766851