The board of directors of Superstar (WA) Pty Ltd (the Company) have appointed the managing director of Avior Consulting as liquidator of the Company. This follows an assessment of the Company’s financial position and the restructuring alternatives available to the Company.
The liquidator has commenced an analysis of the Company’s financial position and has advised that he is continuing to trade the Company’s business whilst he explores a sale of the business. The Company operates a recruitment and labour hire business and employs pproximately 15 staff.
Avior Consulting Managing Director Dermott McVeigh said: “We are working very closely with the Company’s directors to achieve an outcome that is in the best interest of all creditors. We are currently in negotiations with parties interested in acquiring the Company’s business and I encourage all interested parties to contact my office.”
Mr McVeigh said: “I have convened a meeting of the Company’s creditors to take place on Monday, 17 February 2014 at 10am and I hope to be in a position to provide creditors with more details of the Company’s position then. We have also commenced an investigation into the Company’s failure which we will discuss with the Company’s creditors in due course.”
Avior Consulting is a boutique financial advisory firm providing quality advice and support to growing mid-market companies. Avior Consulting has a proven track record in financial modelling, restructuring, transaction management, reporting, forecasting and strategy development.
Natasha Di Ciano
P: 1300 202 209