Hope Island company Van Pelt Builders in liquidation with debts to Mercedes Finance and ATO

A Gold Coast building company has collapsed owing hundreds of thousands of dollars.

The builder had debts to the tax office and others.

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A HOPE Island building company has gone into liquidation with debts of more than $300,000.

Van Pelt Builders has been registered at the home address of its director Ronald Van Pelt since December 2019, but does not hold a Queensland builder licence and appears to have operated chiefly from Melbourne.

Amsterdam-born Mr Van Pelt reported unsecured debts of $241,695 to the Australian Taxation Office, as well as $45,551 to Westpac and a secured debt of $34,000 to Mercedes-Benz Financial Services.

His report for the liquidators said the company had $12,500 cash at bank and an estimated deficiency of $308,828.

A building company registered on the Gold Coast has gone into liquidation.

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Nicholas Giasoumi and Shane Deane of Melbourne insolvency company Dye & Co have been appointed liquidators.

Mr Giasoumi said the company had not traded for more than four years and did not expect any further creditors to come forward.

The company has previously been the subject of winding-up orders applications by the tax office.

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