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External administration alerts

A business that is insolvent, or is at risk of becoming insolvent, may go into one of three main types of external administration.

These are:

  • voluntary administration, where an administrator takes control of the business to try to work out a way to save it
  • liquidation, where a liquidator takes control of the business to wind it up in an orderly and fair way
  • receivership, where a receiver is appointed by a secured creditor to sell assets to repay the debt owed to the secured creditor.

The following major external administration alerts are current:

Name of trader Date of alert Details
Toys R Us
Babies R Us
24 May 2018McGrathNicol Advisory has been appointed as Voluntary Administrator.

Consumers can contact McGrathNicol at: toysrus@mcgrathnicol.com

Details of a creditors meeting will be published at www.mcgrathnicol.com  
Careers Australia25 May 2017

PPB Advisory has been appointed as Voluntary Administrator.

More information for students and employees is available on the PPB Advisory website.

Topshop24 May 2017Ferrier Hodgson has been appointed as Voluntary Administrator. 
Wicked Travel Pty Ltd
Indie Travel Pty Ltd
Out of Bounds backpacker Pty Ltd
29 April 2017Laurence Andrew Fitzgerald and Michael James Humphris have been appointed as liquidators.

Consumers can contact William Buck Accountants at: frank.davoli@williambuck.com.
Pumpkin Patch Limited26 October 2016McGrath Nicol has been appointed as Voluntary Administrator. KordaMentha has been appointed as Receiver and Manager.

For further information, please contact the Receivers at KordaMentha on +64 9 307 7865.  
Far Pavilions Interiors Pty Ltd13 July 2016

PPB Advisory has been appointed as Voluntary Administrator.

The administrator has made a statement advising that a review of the business is underway, with the majority of stores continuing to operate during a sales process.

Stores based at Browns Plains, Kawana and Townsville have been closed as of July 11.

If you have paid for products not yet received via credit card, you may be able to obtain a charge back. Contact your credit card provider for more information.

Consumers are advised to make enquiries to PPB Advisory at: farpav@ppbadvisory.com and check back for further updates.

Blueline Solar Pty Ltd 7 March 2016

Hall and Chadwick Chartered Accountants and Business Advisors have been appointed as liquidators.

The company is unable to undertake any work rectifying any isues you may have with your PV solar system (i.e. Avanco and PVPower brand DC Isolators and faulty inverters).

More information about warranty claims can be made with the liquidator.

Dick Smith Holdings Ltd 5 January 2016

McGrathNicol has been appointed as Voluntary Administrator. Ferrier Hodgson has been appointed Receiver and Manager. Information for customers and suppliers is on the Ferrier Hodgson website.

If you have bought or received a gift card, or paid for products and have not received them (including paying a deposit), you can register as an unsecured creditor by contacting the Voluntary Administrator's Creditor Hotline on 1300 853 481.

If you paid by credit card for gift cards, or products not received, you may be able to obtain a charge back. Contact your credit card provider for information.

More information is available on the Australian Securities and Investments Commission (ASIC) website.