A creditors meeting has been set down for today (Monday) in the wake of a Canberra builder going bust.
Imagine Building Concepts went into voluntary administration nearly a fortnight ago, owing about 4-million dollars to more than a hundred creditors.
The company was owned by a husband a wife team, and has been trading in Canberra since 2010.
Ahead of administrators being appointed, there was no sign of trouble – there was an active project and 10 employees.
Creditors were approached over the past week, and advise of a creditors meetings for today – Monday the 21st.
Creditors affected by the administration of the companies should contact RSM via email at Imagine_Creditors@rsm.com.au.
According to the company website, Imagine Building Concepts’ work ranged from commercial, townhouse and multiunit development to custom-built homes and affordable housing projects for the ACT Government.
Its current work includes the Moment townhouses in Whitlam, which are due to be completed in January 2025.
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