Efforts to save long-time Penrith business Cubitt’s Granny Flats and Home Extensions have failed.
After 30 years, the family owned business has been formally placed into liquidation by creditors.
As previously reported by the Weekender, the business was placed into voluntary administration in February.
There is some bright news for clients impacted by the collapse of the company, with administrators RSM Australia advising more than 30 creditors who attended a meeting last Friday that NSW-based construction firm Acrow Homes Pty Ltd had purchased Cubitt’s business names, intellectual property, project records, and exclusive rights to
its customer list.
Administrator and RSM Australia Partner…
