An Australian renovation company has collapsed into liquidation leaving customers and tradespeople millions of dollars in the red.
melbourne-based kitchen and bathroom renovation company, Ultimate Kitchens & Bathrooms was handed over to liquidator Stephen John Michell on October 31.
Consumer Affairs Director Nicole Rich on November 1 issued a warning to consumers after receiving customer complaints of undesirable conduct.
Allegations included customers claiming to have paid for work but jobs not being completed.
The company, owned by Jeffrey Richards, has been accused of “failing to fulfil consumer contracts” and “failing to respond to consumers”.
Ms Rich said given the serious nature of the issues raised”, consumers needed to be cautious in their dealings with the company.
“Consumers are encouraged to contact us if you need any information about or help with Ultimate Kitchens & Bathrooms,” a statement from Consumer Affairs Victoria said.
According to The Herald Sun, the company could have taken up to $2.5 million in deposits from customers for projects that were never completed.
It was also reported that tradespeople and suppliers could be owed about $2 million.
A letter sent to creditors, seen by Herald Sun,…