REVEALED: Liquidations listed in the Tweed council area for December 10
ASIC and ABN Lookup data reveals the full list of companies to close down in your area.
There have been two company liquidation notices in the Tweed Local Government Area today, bringing the total for December to four.
Today's liquidations:
Byron and Beyond Patios Pty Ltd
Byron and Beyond Fencing Pty Ltd
News Corp analysis of ASIC Insolvency Notices and ABN Lookup data shows the locations of company liquidations across the state.
Here's the list of all liquidations for December in Tweed, by postcode:
2483:
Byron and Beyond Fencing Pty Ltd
Byron and Beyond Patios Pty Ltd
2486:
RAIMAA PTY LTD (IN LIQUIDATION)
2487:
Brimsley Global Pty Ltd (In Liquidation)
Liquidators are appointed to wind up the affairs of a company when it closes down.
They can be appointed in a voluntary winding up of a business; whether initiated by members or creditors; or as part of a court-ordered winding up.
Their role is to sell off the business's assets and use the resulting funds to pay off debts, if there are any.
ASIC publishes liquidation notices, as well as other insolvency and external administration-related notices throughout the day every weekday.
The previous liquidation article for the Tweed council area can be viewed here.
Corporate watchdog ASIC also takes action against the individuals behind failed companies. Here is a look at some of the exposed blacklist: 1000 banned or disqualified Aussie directors, advisers named
Originally published as REVEALED: Liquidations listed in the Tweed council area for December 10