Documents show Better Movement Clinic had $2.2 million in liabilities before it was placed in voluntary administration
What was once a highly-respected and award-winning health care business providing specialist support for people with severe injuries and disabilities was carrying millions in liabilities, documents have revealed.
A health care provider that serviced Toowoomba and the Western Downs was owing millions when it folded just weeks ago, documents have revealed.
A liquidator’s report obtained by News Corp Australia show Better Movement Clinic was carrying about $2.29 million in liabilities when it was placed into voluntary administration.
The award-winning health care provider shut its doors suddenly on May 15 and staff were told they no longer had jobs.
Its clients, many of whom live with acute illness, injury and disability, have been left on their own to source alternative care providers.
Of the $2.29 million in liabilities, about $1.1 million is unpaid taxes, while about $850,000 related to payments owed to another business, Focused on Care.
This business, which is also Toowoomba based, similarly provides support to the disabled, injured and elderly.
The documents, filed with the Australia Securities and Exchange Commission, show Better Movement owed its 25 employees about $207,000 in unpaid wages, leave entitlements and superannuation payments.
The business is set to be liquidated and it is unclear whether the money could be recovered.
The Better Movement Clinic opened in 2013, providing exercise physiology services.
It expanded its services to include physiotherapy, podiatry, dietetics, remedial massage therapy, exercise science and allied health.
In 2021 it won the Best Regional Business Award at the Toowoomba Business Excellence Awards.
While he was frustrated that he had to look for a new provider, Mr Vincent said his heart went out to the staff who lost their jobs.
“They had the rug pulled out from under them,” he said.
“They have children, mortgages and rent to pay
“They are very good people who were very passionate about what they did.”
Better Movement Clinic director John Denney and the administrator, Worrells, were contacted for comment.
Originally published as Documents show Better Movement Clinic had $2.2 million in liabilities before it was placed in voluntary administration
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