Rockhampton’s Mining Equipment Maintenance moved into liquidation
A country motel and glass repair shop are among the unpaid small businesses left in the lurch after a Queensland mining equipment repairs and maintenance company went into liquidation. SEE CREDITORS LIST.
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A Rockhampton company specialising in mining equipment repairs and maintenance has been placed into liquidation, owing more than $4.4 million to creditors.
Mining Equipment Maintenance (MEM) was moved into creditors voluntary liquidation on April 15.
Travis Pullen of B&T Advisory, a Brisbane firm, was appointed liquidator.
The business was operating at a site on Corio St, Kawana.
In a statement from the directors of Mining Equipment Maintenance, it was reported the business had been winding down since July 2023 when purchased by All Industries Group.
“Management has now made the decision to bring finalisation to the company with liquidation,” the statement read.
“All projects have been completed and no employees have been affected as part of this process.
“All Industries will continue to trade as it has done for almost a year with no impact.”
According to liquidation documents, one secured creditor was owed $547,924 and eight unsecured creditors were owed $3,897,173.24.
Creditors include:
Moneytech Finance Pty Ltd: $547,924
All Hours Glass: $3074.50
AMM Product Development: $1705
ATO: $698,463.24
C & H Acquisition Pty Ltd: $16,123.80
Department of Primary Industries: $865.11
Emerald Explorers Inn: $1102.99
NMQ Engineering Pty Ltd: $675,838.60
Thiess Pty Ltd: $2.5 million
Mining Equipment Maintenance was founded in 1996 and ran into hard times in 2013 due to the downturn in the mining industry.
The company went into receivership and was forced to axe 90 jobs before being repurchased by its original owner and founder a year later.
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