Online Liquidation Form Test | Australian Company Liquidations

Name of the Company

ACN

Company Trading Name

Company Trading Address

How many directors does the company have?
It is compulsory to have all directors' details for the Liquidation to commence

Director 1 Full Name

Director 1 Address

Director 1 Email Address

This is the Email Address that will receive a confirmation of this Liquidation

Director 1 Telephone Number

Director 1 Signature

How many shareholders does the company have?
It is compulsory to have all shareholders' details for the Liquidation to commence

Shareholder 1 Full Name

Shareholder 1 Email Address

Shareholder 1 Signature

When did the company start trading?

When did the company cease trading?

*If still trading, leave blank

What was the nature of the company's business? (i.e. what did it do?)

How many employees does the company have now?

What do you attribute the company's failure to: (tick appropriate boxes)

COVID-19

Insufficient or declining sales

Poor location

Inadequate margins

Overdependence on 1 client

Theft

Shareholder dispute

Personal illness

Poor management

Poor advice or strategy

Effects of competition

Inability to control expenses

Over-expansion/rapid growth

No access to finance

Inability to recover debts

Inability to pay taxes

Staffing issues

Insufficient working capital

Poor record keeping

Lack of planning

Enter other points as are relevant:

Does the Company own any assets?
*An asset is anything that belongs to the Company*

Yes No

Is the company owed money by its customers?
*Money owed to the Company is an asset of the Company. For example you have supplied goods or services to your customers but not have not been paid.*

Yes No

Does the company owe money to its employees?
*For example, wages, superannuation, long service leave, holidays, redundancy, reimbursement of expenses, payments in lieu of notice (PILN)*

Yes No

Have you loaned money from a financial institution (or another source) and the Company has given a registered security interest (like a mortgage over the company’s assets)?
Please do not enter here any Security Interest previously disclosed.

Yes No

Does the company owe money, goods or services to others?
If yes, please provide name, address and amount owing for each creditor. Please do not include any amounts owing to employees here.
*A creditor can be a bank, trade supplier, or person who provided goods or services to your company. For example, contractors, suppliers of goods, suppliers of services, government bodies (for example ATO, ASIC), landlord, utilities, bank loans, etc. If you don't know the exact amount, please provide an estimate*
** Please note that our online liquidation application is only available if you owe your creditors less than $1m. If you owe more than $1m, please call 1800 981 070 to discuss your options. **

Yes No

Did the company Act as Trustee of a Trust?

Yes No

Please fill the following information if applicable:

Share Capital

Issued – this is the amount of shares the company has issued

Paid Up – this is the amount of shares which have been paid

I have read all my answers and I understand they cannot be modified.

LIQUIDATION FORM

Signature Cropper