INSOLVENCY ANALYSIS

INSOLVENCY ANALYSIS

In this section, we provide the latest analysis of the insolvency industry.

No. of Registered Liquidators in Australia as at January 2019

Registered liquidators Australia NSW VIC QLD WA ACT SA NT TAS
(no.) (no.) (%) (no.) (%) (no.) (%) (no.) (%) (no.) (%) (no.) (%) (no.) (%) (no.) (%)
Total 659 251 38 162 25 111 17 69 10 11 2 45 7 2 <1 8 1

Winding Up applications filed with the Court in January 2019

Winding up applications Australia NSW VIC QLD WA ACT SA NT TAS
(no.) (no.) (%) (no.) (%) (no.) (%) (no.) (%) (no.) (%) (no.) (%) (no.) (%) (no.) (%)
Total 332 93 28 108 33 79 24 29 9 4 1 12 4 3 1 4 1

Formal Appointments in January 2019

Formal appointments Australia Nsw VIC QLD WA ACT SA NT TAS
(no.) (no.) (%) (no.) (%) (no.) (%) (no.) (%) (no.) (%) (no.) (%) (no.) (%) (no.) (%)
Total 475 219 46 100 21 77 16 44 9 10 2 21 4 3 1 1 0
Creditors’/Members’ Voluntary Liquidation 302 158 52 55 18 46 15 19 6 6 2 15 5 2 1 1 0
Court Liquidation 119 39 33 32 27 44 19 16 20 17 2 2 6 5 1 0 0
Voluntary Administration 54 22 41 13 24 12 22 5 9 2 4 0 0 0 0 0 0

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    ACL Quick Tip!

    The new Director Penalty Notice laws, which were passed
    in June 2012, put directors at greater risk of personal
    liability for company debts. At ACL, we recommend that
    if your company is not able to pay  its BAS and employee superannuation entitlements as these amounts fall due, it is imperative that you still lodge your BAS and SGC statements by their due date.

    img3CREDITOR VOLUNTARY
    LIQUIDATION

    WHEN SHOULD I
    PLACE MY COMPANY
    INTO LIQUIDATION?

    WHAT WILL IT
    COST ME?

    HOW LONG DOES
    BUSINESS LIQUIDATION
    TAKE TO COMPLETE?

    But don’t just take our word for it…

    Hear from our satisfied past customers: