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Penrith granny flat builder formally enters liquidation – The Western Weekender

Cubitt’s in Emu Plains.

Share this story

Efforts to save long-time Penrith business Cubitts Granny Flats and Home Extensions have failed.

After 30 years, the family owned business has been formally placed into liquidation by creditors.

As previously reported by the Weekender, the business was placed into voluntary administration in February.

There is some bright news for clients impacted by the collapse of the company, with administrators RSM Australia advising more than 30 creditors who attended a meeting last Friday that NSW-based construction firm Acrow Homes Pty Ltd had purchased Cubitts business names, intellectual property, project records, and exclusive rights to
its customer list.

Administrator and RSM Australia Partne…

Read the full article at: https://westernweekender.com.au/2024/06/penrith-granny-flat-builder-formally-enters-liquidation/

Category: LiquidationBy Insolvency Advisory AccountantsJune 20, 2024

Post navigation

PreviousPrevious post:Montessori childcare chain Precious Cargo goes into voluntary administration after 18 years of trading – ABC NewsNextNext post:Personal insolvencies fall by 4% – Credit Connect

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Penrith granny flat builder formally enters liquidation – The Western Weekender

Cubitt’s in Emu Plains.

Share this story

Efforts to save long-time Penrith business Cubitts Granny Flats and Home Extensions have failed.

After 30 years, the family owned business has been formally placed into liquidation by creditors.

As previously reported by the Weekender, the business was placed into voluntary administration in February.

There is some bright news for clients impacted by the collapse of the company, with administrators RSM Australia advising more than 30 creditors who attended a meeting last Friday that NSW-based construction firm Acrow Homes Pty Ltd had purchased Cubitts business names, intellectual property, project records, and exclusive rights to
its customer list.

Administrator and RSM Australia Partne…

Read the full article at: https://westernweekender.com.au/2024/06/penrith-granny-flat-builder-formally-enters-liquidation/

Category: LiquidationBy Insolvency Advisory AccountantsJune 20, 2024

Post navigation

PreviousPrevious post:Montessori childcare chain Precious Cargo goes into voluntary administration after 18 years of trading – ABC NewsNextNext post:Personal insolvencies fall by 4% – Credit Connect

Related Posts

NSW parents and staff frantic after childcare centre goes out of business without warning
June 7, 2025
Caravan builder Highline Caravans collapses into liquidation owing $1.14m
June 3, 2025
Collapsed tourism agent Traveldream may have taken customers’ money while insolvent
June 2, 2025
Is illegal phoenix activity rife among construction companies?
June 1, 2025
Australian private hospital giant’s liquidation threatens jobs and patients
May 31, 2025
Creditors owed more than $280K
May 31, 2025

Penrith granny flat builder formally enters liquidation – The Western Weekender

Cubitt’s in Emu Plains.

Share this story

Efforts to save long-time Penrith business Cubitts Granny Flats and Home Extensions have failed.

After 30 years, the family owned business has been formally placed into liquidation by creditors.

As previously reported by the Weekender, the business was placed into voluntary administration in February.

There is some bright news for clients impacted by the collapse of the company, with administrators RSM Australia advising more than 30 creditors who attended a meeting last Friday that NSW-based construction firm Acrow Homes Pty Ltd had purchased Cubitts business names, intellectual property, project records, and exclusive rights to
its customer list.

Administrator and RSM Australia Partne…

Read the full article at: https://westernweekender.com.au/2024/06/penrith-granny-flat-builder-formally-enters-liquidation/

Category: LiquidationBy Insolvency Advisory AccountantsJune 17, 2024

Post navigation

PreviousPrevious post:Cost of live Australia: Dion Lee enters voluntary administration – The Australian Financial ReviewNextNext post:Personal insolvencies continue to soar in early 2024 – AccountantsDaily

Related Posts

NSW parents and staff frantic after childcare centre goes out of business without warning
June 7, 2025
Caravan builder Highline Caravans collapses into liquidation owing $1.14m
June 3, 2025
Collapsed tourism agent Traveldream may have taken customers’ money while insolvent
June 2, 2025
Is illegal phoenix activity rife among construction companies?
June 1, 2025
Australian private hospital giant’s liquidation threatens jobs and patients
May 31, 2025
Creditors owed more than $280K
May 31, 2025
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