SAFA Scaffolding went into voluntary administration three weeks after moves to wind it up

After 15 years in the trade, Safa Scaff has called in administrators after moves from another company to wind it up.

A Gold Coast-based company that billed itself as a leading provider of scaffolding and building access solutions has entered into voluntary administration.

Safa Scaffolding Pty Ltd, which is based in Currumbin, put itself into administration after one of Australia’s largest scaffolding companies Acrow Formwork and Construction Services applied to the Supreme Court last month to wind it up.

SV Partners Terry Grant Van Der Velde has been appointed administrator but refused to comment.

A creditors meeting is scheduled at SV Partners’ office in the Brisbane CBD on June 14.

Treading as SAFA SCAFF, the company worked across the residential, commercial and industrial sectors throughout southeast Queensland an northern NSW for more than 15 years.

They offered a full design and estimating service and was fully certified to comply with the Australian and New Zealand safety standards.

Some of its projects include Aura Apartments at Varsity Lakes on the Gold Coast, the Gold Coast Indy and the company has worked with many builders including Fraze Developments, Gavin Boyle Construction and Trac Developments.

SAFA Scaffolding Pty Ltd has gone into voluntary administration.

In company documents Daniel Marcus Wundke and Luke Morten Wundke were listed as co-directors. They have been directors since 2007 and 2008 respectively.

Daniel Wundke and Joanne Burrows are joint shareholders in the company along with Wilderness Holdings which operates from the same West Australian address as Luke Wundke.

When contacted Daniel Wundke and asked if he would like to comment he said: “No not really”.

Last month 46 Queensland businesses went into either liquidation or administration.

That figure was down from 60 in April and 44 in March.

SM Solvency Accountants partner Brendan Nixon said the low number was well under the historical average.

“Numbers are still showing a downward trajectory which is of concern to me,” he said.

“We are still seeing a steady rate of inquiry but those inquiries are seldom based on pressure from the ATO which is where we used to see inquiry originate after people had received a nasty letter from the ATO.”

In the three months for the June quarter of 2019 in Queensland there were 379 companies that entered into external administration and controller appointments.

For the whole of 2018/19 the figure was 1643.