Administration Industry News

Experienced low turnover and high overhead costs can place a severe burden on any business. The 2020’s will be remembered as a decade of change with the government forced to implement more changes in a short period of time than every before. This includes stimulus programs such as job-keeper and temporary legislative changes such as a suspension of directors’ personal liability for insolvent trading. Stay up to date with the latest news and global factors impacting administration.

Case Study - Deed of Company Arrangement

Earthmoving company Steelcrete of Melbourne, was suffering under a large tax debt. After contacting Australian Debt Solvers and entering Voluntary Administration, they were able to reduce their tax debt by 75% and continue trading.

ADS Voluntary Administration – Labour Hire Company Case Study

The company was able to generate a trading surplus of $125K during Voluntary Administration.

Voluntary Administration – Earthmoving Company Case Study

75% reduction in tax debt gets this earthmoving company moving again

Voluntary Administration – Building Developer Case Study

This South Australian builder continues to trade, thanks to a DOCA, restructure and dispute resolution.

Voluntary Administration – Cleaning Company Case Study

Cleaning company reduces its debt by 80% through Voluntary Administration.

Voluntary Administration – Security Company Case Study

Established in the 1990’s, this Brisbane-based security company specialises in the design, installation, maintenance and monitoring of electronic security solutions.