Administrators appointed for Wridgways Pty Ltd


Business remains open as liquidators take control of moving company

Administrators appointed for Wridgways Pty Ltd
There is an ASIC filing on WridgWays

 

SV Partners’ Timothy Brace and Peter Gountzos have been appointed liquidators of relocation company WridgWays Pty Ltd, according to an Australian Securities and Investments Commission (ASIC) filing.

The first meeting of creditors of the company, formerly known as Santa Fe Holdings Australia, to be held on January 12, will consider whether to appoint a committee of inspection, and if so, who are to be the committee's members, the filing states.

ATN has sought comment from the administrators, who were appointed on December 30, in this matter.

However, Melbourne-based Wridgways Australia remains open for business, according to an update posted on the company website dated today.

"WridgWays Australia has recently undergone a re-engineering of the business in order to successfully overcome the impact of Covid-19 on the entire relocation services industry," the company statement notes.

"As a result we have placed three non-core legal entities into administration.

"We continue to operate as usual and do not expect any impact to either our valued employees or the services provided to our loyal customers and suppliers."

WridgWays was established in 1892 by Ernest Wridgway.

It became one of the first moving companies to be listed on the Australian Securities Exchange (ASX).

 

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