A plumbing contractor with more than 60 employees and over $10 million in turnover reduced about $975,000 of debt to about $256,000 through small business restructuring.
An aquarium supplies retailer trading online and from a showroom reduced about $336,000 of debt to $76,200 through a small business restructuring plan.
A restaurant employing 29 people reduced about $795,000 of debt, including $715,000 owed to the ATO, to about $179,000 through a small business restructuring plan.
An NDIS provider with more than $2 million owed to the ATO was restructured through voluntary administration and a deed of company arrangement funded from trading profits.
Receivers and managers appointed by a secured lender stabilised a 16-level Melbourne CBD office building, ran a competitive EOI campaign and sold it to a developer.
Capability: Insolvency, Restructuring & TurnaroundIndustry: TourismAppointment: Voluntary Administration followed by Liquidation Overview Subsidiaries of an ASX listed Company that operated high-e
Capability: Insolvency Industry: Childcare Appointment: Creditors’ Voluntary Liquidation Overview The company used to run a childcare centre. It closed some years ago after a dispute with the landlord
Capability: Insolvency, Restructuring & TurnaroundIndustry: Professional ServicesAppointment: Voluntary Administration followed by Liquidation Overview The company was the Australian subsidiary of
Capability: InsolvencyIndustry: PropertyAppointment: Receivership – Working with secured (private) lenders Overview The company in property development was unable to repay its secured lender a l
Capability: Restructuring & TurnaroundIndustry: ManufacturingAppointment: Voluntary Administration / Deed of Company Arrangement Restructuring a financially distressed company Overview Challenges
Capability: InsolvencyIndustry: PropertyAppointment: Liquidation – Real Estate Asset Realisation for Creditors Overview A property development company that had a development approval (DA) to construct
Capability: Specialised SolutionsIndustry: TelecommunicationEngagement: Expert Accountant’s Report Overview A dispute arose amongst two shareholders of multiple telecommunication national franchised s
Capability: Restructuring & TurnaroundIndustry: HospitalityAppointment: Voluntary Administration followed by Deed of Company Arrangement Overview A franchisor that operated over 18 company owned s
Capability: InsolvencyIndustry: HospitalityAppointment: Voluntary Administration followed by Liquidation Overview A group of restaurants specialising in authentic Chinese cuisine, established in 2005.
Capability: InsolvencyIndustry: HospitalityAppointment: Voluntary administration and deed of company arrangement Overview Passiontree Velvet, a chain of cafes trading across New South Wales, the Austr
Capability: InsolvencyIndustry: Retail and hospitalityAppointment: Liquidation Overview Greengate Advisory has acted as liquidator on numerous retail and hospitality engagements, including SES Fashion
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