A home loans company that previously operated in Townsville is being liquidated with creditors expected to be paid in full.
Platinum Business Services Pty Ltd, trading as Townsville Home Loans, was placed in liquidation in May through a creditor’s voluntary winding up application.
Liquidators in the central Queensland division of Worrells Solvency & Forensic Accountants in Rockhampton are handling the matter.
Worrells central Queensland partner Michael Beck said the liquidation had been initiated by the bankruptcy trustee of the company’s director, Patrick Edward Leach.
Mr Beck said the business, which had operated from offices in Flinders St, had not traded for some time with its most recent loan written in 2017.
“We have sold the co…
Read the full article at: https://www.gladstoneobserver.com.au/news/home-loan-business-goes-under/4073377/
