In this section, Australian Company Liquidations provides the latest news and tips in business insolvency and liquidations.
Significant Retail Closures in Australia in 2018
Many chain stores have succumbed to Australia’s tough retail climate which has been evident through the many companies who shut down for good in 2018. The changing landscape of bricks and mortar retailers in Australia has caused a string of significant closures, some of which we have listed below. ESPRIT: Fashion retailer Esprit revealed in early May last year that it would close all 67 of its stores in Australian and New Zealand. This decision followed the reports of losses
READ MOREWhat is a Statutory report?
A creditors report is a statutory report which must be prepared and issued to creditors within 3 months of the liquidation of a company. The creditors report will contain both financial and non-financial information. The purpose of this report is to provide creditors with: Details of the estimated assets and liabilities of the Company; Details of the inquiries the liquidator has made relating to the winding up of the Company to date; Details of further inquiries the liquidator intends
READ MOREHow ACL’s Simple Company Liquidation Process Can Help You
At Australian Company Liquidations, all we do is company liquidations. As such, we have a simple liquidation process to make it easier for us to help you. We have a highly skilled team with years of experience in corporate insolvency cases. We constantly refine our work practices to achieve significant cost savings which we pass onto you! VIEW OUR SIMPLE THREE STEP COMPANY LIQUIDATION PROCESS: Contact us with your ACN details with a list of assets and creditors; We will
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