In short:
A liquidator says the business My Tiny Home Kit had no real prospect of actually delivering homes and may have been trading while insolvent.
The company owes customers more than $3.4 million, according to initial estimates.
What’s next?
The liquidator says further investigation into the business is required. There is also an ongoing investigation by Consumer Affairs Victoria.
The liquidator of a tiny home business believes the company may have been trading insolvent for almost one year, saying the director had “no real prospect” of supplying the product he sold.
Menzies Advisory principal Michael Caspaney’s statutory report into Melbourne business My Tiny Home Kit was sent to creditors, including former employees and more than 130…