A CONSTRUCTION company that billed itself as Brisbane’s premier home extension and renovation business is being wound up after going into liquidation owing more than $1 million.
Total Lifestyle Builders Pty Ltd is insolvent and appointed Jarvis Archer from Revive Financial as liquidator on June 18 to wind up its affairs.
Mr Archer said according to a report on the company’s activities and property provided by Total Lifestyle Builders’s sold director Allan Ernest Stroud it owed $1,049,950 to unsecured creditors.
“Of this total, $610,000 is owed to the director who has advised he provided personal funds to the company,” he said.
“The balance of $439,950 is owed to unrelated creditors including the ATO, various suppliers, subcontractors…
Read the full article at: https://www.thechronicle.com.au/news/home-renovation-specialist-in-liquidation/4043436/
