Disability employment provider Bedford kept afloat with $4.4m funding injection as hunt for buyer continues

Liquidation

Australia’s second-largest disability employment provider Bedford will be kept afloat by a federal government funding injection as it seeks a buyer for the embattled business. Bedford avoided entering voluntary administration in July after it aired concerns about its financial position, prompting the South Australian government to provide a $15 million lifeline. Advisory firm McGrathNicol was…

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Liquidation

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Heavers of Bridport enters liquidation after 65 years

Liquidation

Heavers of Bridport, a family-run business, has been opening for 65 years but has now paused all pending customer contracts, it said. It cites ‘many mounting pressures’, including supply issues, significant rises of utilities, business rates and insurances, and delays in receiving settlement for completed contracts among the reasons, along with a reduction in sales…

Dunedin kebab restaurant closes amid tough times

Liquidation

Tough economic times and rising costs have culminated in the “difficult decision” to place a Dunedin kebab restaurant into liquidation. Anatolia Turkish Kebab House has ceased trading, as its operating company, Anatolia Turkish Cafe Ltd, was placed into liquidation by shareholder resolution last week. The company operated the Turkish restaurant and takeaways business in Princes…