Small Business Restructuring Appointments – A Success Story

SBR Statistics show significant take-up by Corporate Entities

The Small Business Restructuring Process (SBR) & Simplified Liquidation (SCVL), was introduced on 1 January 2021 to assist small businesses suffering financial distress.  The take-up was initially very slow, but now it is off and running as the appointments in 2024 show.  As more advisors and businesses become familiar with the process there are likely to be significant increases in these numbers.  SBR is attractive to director’s of small companies because they are significantly more cost effective than (say) a voluntary administration and can avoid liquidation if caught early enough and the Plan proposed to creditors is realistic.

                                                                                            Last updated on 26 February 2024
     No.                         Company Name                         ACN          Appointed      State                           Firm
157Momillions Pty Ltd153 419 72226/02/2024VICWorrells
156EGN Media Pty Ltd603 688 87523/02/2024QLDRevive
155Ridgewood 2 Pty Ltd168 147 45723/02/2024NSWSmall Business Restructuring
154Earlesbate Pty Ltd144 076 28223/02/2024NSWSmall Business Restructuring
153B8 Powders Pty Ltd633 594 43923/02/2024NSWSmall Business Restructuring
152Omorfia Hair & Makeup Pty Ltd618 595 91223/02/2024QLDRevive
151Creative Construction Services Pty Ltd605 277 27223/02/2024QLDRevive
150Trianon Law Pty Ltd607 320 68723/02/2024QLDWorrells
149Australian Indigenous Leadership Centre Ltd091 455 55123/02/2024NSWRestructuring Works
148Perennial Group Pty Ltd605 773 26023/02/2024NSWChifley Advisory
147PDMCorp Pty Ltd164 990 36323/02/2024QLDWorrells
146Civil Fabrication Pty Ltd156 087 15123/02/2024NSWBCR Advisory
145Plus Clinical Services Pty Ltd604 706 65823/02/2024SATarquin Koch 
144Rapid Plumbing Group Pty Ltd131 332 25322/02/2024NSWMackay Goodwin
143H2Low Plumbing Services Pty Ltd630 528 07722/02/2024NSWJirsch Sutherland
142Mr. Build It Pty Ltd615 892 84322/02/2024NSWSmith Hancock
141Cato Logistics Pty Ltd156 338 62622/02/2024NSWHamilton Murphy 
140S.E. Panels Oakleigh Pty Ltd088 379 98022/02/2024VICIRT Advisory
139Fora Therapy Pty Ltd625 399 24222/02/2024NSWOlvera Advisors
138Tradery Plumbing Pty Ltd616 411 19122/02/2024NSWTI Group (NSW) Pty Ltd
137Baker Technical Services Pty Ltd004 879 19022/02/2024VICSV Partners
136Alive Data (Aus) Pty Ltd630 544 31122/02/2024VICHoganSprowles 
135The Australian Brake Company Pty Ltd114 813 04422/02/2024VICWorrells
134Luxey Pty Ltd630 675 91922/02/2024QLDRevive
133TMT Operations Pty Ltd ATF TMT North Lakes Unit Trust639 882 76921/02/2024QLDRevive
132Beyond the Pale Pty Ltd613 289 54421/02/2024QLDWorrells
131Balance Health and Performance Services Pty Ltd617 767 55821/02/2024QLDRevive
130Australian Boarding Schools International Pty Ltd087 825 91021/02/2024TASRodgers Reidy
129All Styles Pressure Cleaning Pty Ltd609 346 95621/02/2024NSWJones Partners
128EME Systems Pty Ltd612 415 34421/02/2024NSWWorrells
127Visual Advertising Solutions Pty Ltd167 098 70421/02/2024NSWHoganSprowles 
126Rainbow Kids Yoga Pty Ltd168 266 04621/02/2024NSWGrant Thornton
125Dutch Media and Creative Pty Ltd618 080 35420/02/2024NSWShaw Gidley
124DNGLB Pty Ltd612 472 88520/02/2024NSWO’Brien Palmer
123Malt Brewing Company Pty Ltd616 916 12820/02/2024QLDB&T Advisory
122Community Staffing Australia Pty Ltd622 381 29319/02/2024VICWorrells
121Jonah Consultants Pty Ltd098 049 45319/02/2024QLDRevive
120Enzel Pty Ltd108 531 80819/02/2024VICWorrells
119Too Much Happiness Pty Ltd623 596 84119/02/2024NSWGreengate Advisory
118Taki Brothers Pty Ltd114 511 81219/02/2024NSWWestburn Advisory
117Three Little Birds Group Pty Ltd646 421 76719/02/2024SAHall Chadwick
116Mcleay & Paull Holdings Pty Ltd153 119 48719/02/2024QLDWCT Advisory
115Black Magic Lightning & Earthing Solutions Pty Ltd604 258 82616/02/2024NSWGrant Thornton
114Core Community Foundation Ltd662 710 92916/02/2024NSWRestructuring Works
113Marjon Properties Pty Ltd618 965 77216/02/2024QLDMcleods Accounting
112Experience Digital Pty Ltd158 151 58316/02/2024VICBrooke Bird
111GL4ever Pty Ltd150 606 65216/02/2024NSWMerchants Advisory
110We Are Example Pty Ltd615 316 52616/02/2024NSWDW Advisory
109Health Space Newtown Pty Ltd169 766 29615/02/2024NSWPKF
108Healthspace Group Pty Ltd158 647 38815/02/2024NSWPKF
107Healthspace Coogee Pty Ltd611 271 55315/02/2024NSWPKF
106Healthspace Castle Hill Pty Ltd607 916 69215/02/2024NSWPKF
105Healthspace Bondi Pty Ltd609 647 85015/02/2024NSWPKF
104Healthspace Clinics Clearing Pty Ltd600 984 17415/02/2024NSWPKF
103Health Space Pyrmont Pty Ltd630 693 72015/02/2024NSWPKF
102Healthspace Rozelle Pty Ltd609 929 52615/02/2024NSWPKF
101Healthspace Lane Cove Pty Ltd609 929 61515/02/2024NSWPKF
100Healthspace Mona Vale Pty Ltd609 904 84115/02/2024NSWPKF
99Healthspace Burwood Pty Ltd601 862 89115/02/2024NSWPKF
98Healthspace Clinics Pty Ltd ATF Healthspace Trust114 018 41415/02/2024NSWPKF
97Corporate Events Services Pty Ltd113 676 70715/02/2024NSWBCR Advisory
96Design-All Cabinets Pty Ltd121 076 38215/02/2024NSWSmall Business Restructuring
95Superior Access Solutions Pty Ltd613 327 62915/02/2024VICBrooke Bird
94Naylor Building & Construction Pty Ltd602 334 29813/02/2024NSWBCR Advisory
93Aris & Co Pty Ltd607 313 16413/02/2024QLDRevive
92Lacour Pty Ltd116 541 46113/02/2024QLDWorrells
91D&T Electrical Pty Ltd ATF ‘D&T Electrical Unit Trust651 289 06613/02/2024QLDRevive
90Cutting Edge Road Maintenance Pty Ltd ATF the Chad Family Trust152 861 32012/02/2024NSWGrant Thornton
89Tektorch Solutions Pty Ltd603 302 24512/02/2024NSWOlvera Advisors
88Rustlers WA Pty Ltd614 187 23612/02/2024WAHamilton Murphy 
87Aussie Blue Roofing Pty Ltd616 935 32912/02/2024SAOracle Insolvency Services
86Hall Shearing Pty Ltd139 750 1829/02/2024NSWGrant Thornton
85Zero Harm Pty Ltd601 757 3959/02/2024QLDSV Partners
84Jeff Hannaford Pty Ltd107 269 1529/02/2024QLDB&T Advisory
83Sai Khodal Associates Pty Ltd ATF Sai Khodal Associates Trust168 304 8728/02/2024NSWOlvera Advisors
82Zeppelin Kitchen Pty Ltd609 362 9788/02/2024VICBrooke Bird
81Charchie Cafe Pty Ltd646 117 7408/02/2024NSWBCR Advisory
80Cordony Styling Pty Ltd651 111 0818/02/2024NSWSmall Business Restructuring
79Cordony Projects Pty Ltd651 093 3468/02/2024NSWSmall Business Restructuring
78Cordony Group Pty Ltd608 484 9938/02/2024NSWSmall Business Restructuring
77Cordony Designs Pty Ltd651 281 0068/02/2024NSWSmall Business Restructuring
76Reflect Recruitment Pty Ltd635 269 4578/02/2024VICWorrells
75Total Facades (VIC) Pty Ltd135 204 6987/02/2024VICJirsch Sutherland
74Source Certain Operations Pty Ltd652 957 0727/02/2024WAHamilton Murphy 
73Image Cabinets Pty Ltd090 142 6717/02/2024QLDJirsch Sutherland
72Kylock Constructions Pty Ltd169 956 8257/02/2024QLDMcleods Accounting
71Divetek Australasia Pty Ltd137 656 5657/02/2024QLDRevive
70Baba Levantine Trading Company Pty Ltd130 270 3897/02/2024VICAS Advisory
69The Silver Arc Pty Ltd124 207 4237/02/2024NSWQuartz Advisory
68Masri Painting & Decorating Pty Ltd605 633 7987/02/2024NSWOlvera Advisors
67De Zhuang Australia Pty Ltd617 955 3617/02/2024NSWChifley Advisory
66AMC Commercial Cleaning(4054) Pty Ltd620 642 9266/02/2024NSWJirsch Sutherland
65Brice Trailers Pty Ltd627 976 7926/02/2024NSWSmall Business Restructuring
64Campbellfield Truck Services Pty Ltd630 294 5496/02/2024VICWorrells
63Black Money Enterprises Pty Ltd162 248 9466/02/2024NSWO’Brien Palmer
62J & M Milicic Construction Pty Ltd612 020 0785/02/2024VICJirsch Sutherland
61Hillier’s Advisors Pty Ltd ATF Hillier’s Advisors Family Trust602 419 7235/02/2024NSWSV Partners
60Jancode Pty Ltd010 817 3205/02/2024NSWOlvera Advisors
59Estrela Pty Ltd614 782 2865/02/2024NSWSmall Business Restructuring
58LGB & Co Pty Ltd614 734 7715/02/2024NSWShaw Gidley
57Thinka Pty Ltd659 914 7805/02/2024VICWorrells
56D B Interior Fitout Pty Ltd166 667 6162/02/2024NSWJones Partners
55Taylor Made Transformations Pty Ltd ATF TMT North Lakes Unit Trust639 884 9142/02/2024QLDRevive
54MGM 1 Pty Ltd128 016 6242/02/2024NSWSmall Business Restructuring
53Wildman Land Pty Ltd096 492 9471/02/2024NSWFarnsworth Carson
52PJA Productions Pty Ltd ATF Ces Equipment Trust164 272 03931/01/2024QLDRevive
51The Lord Anson Public House Pty Ltd664 237 84331/01/2024NSWMacquarie Gordon & Co
50Fuller Life Australia Pty Ltd649 752 44731/01/2024VICWorrells
49SBT Aus Pty Ltd661 042 99130/01/2024QLDSV Partners
48Bangalow No. 1 Pty Ltd128 442 48230/01/2024QLDSV Partners
47Jentar Pty Ltd113 126 11330/01/2024NSWBCR Advisory
46Vintage Universal Pty Ltd141 019 81025/01/2024VICPCI Partners
45Caring for Carers Australia Ltd626 301 65725/01/2024QLDWorrells
44Saadelicious Pty Ltd623 790 36724/01/2024NSWBCR Advisory
43Batman & Robyn Pty Ltd655 167 61424/01/2024QLDDavid Clout & Associates
42Sydneywide Commercial Cleaning Pty Ltd119 576 53724/01/2024NSWChifley Advisory
41Siteforce Recruitment Pty Ltd645 409 29423/01/2024QLDRevive
40Safe Access Services Pty Ltd601 988 39023/01/2024QLDRevive
39SB Fabrications Pty Ltd652 545 52723/01/2024NSWDV Recovery Management
38Duncan Maclean & Associates Pty Ltd160 124 42523/01/2024VICHall Chadwick
37Ramen Danbo Australia Pty Ltd625 124 53023/01/2024QLDB&T Advisory
36Macalline Pty Ltd633 648 57622/01/2024NSWJirsch Sutherland
35Metomego Pty Ltd602 916 45022/01/2024NSWJirsch Sutherland
34Excellency Renovations & Tiling Pty Ltd600 140 17222/01/2024NSWSmall Business Restructuring
33Tilextra Pty Ltd641 636 58022/01/2024NSWSmall Business Restructuring
32FTK Holdings Pty Ltd106 578 33022/01/2024NSWSV Partners
31The Habitat Company Pty Ltd604 599 90219/01/2024NSWJirsch Sutherland
30SD Professional Services Pty Ltd642 785 85919/01/2024NSWJones Partners
29SD Skilled Services Pty Ltd643 556 62919/01/2024NSWJones Partners
28Okami SA Newton Pty Ltd646 851 58719/01/2024NSWGrant Thornton
27Enjoy Home Pty Ltd632 844 07419/01/2024NSWJirsch Sutherland
26The Habitat Company Pty Ltd604 559 90219/01/2024NSWJirsch Sutherland
25Walker Engineering Pty Ltd625 656 75119/01/2024QLDRevive
241 Zone Pty Ltd601 333 15317/01/2024NSWJirsch Sutherland
23Fix Credit Australia Pty Ltd604 482 05517/01/2024NSWChifley Advisory
22Multiple Storage Solutions Pty Ltd158 378 54817/01/2024VICRodgers Reidy
21Manomay Trading Pty Ltd ATF Manomay Family Trust621 898 95917/01/2024QLDWorrells
20Bar 100 Pty Ltd651 643 26616/01/2024NSWHelm Advisory
19Community Services Business Solutions Pty Ltd654 706 01916/01/2024QLDRevive
18Rhythm N Booze Pty Ltd641 831 97816/01/2024VICWorrells
17A & H Hospitality Pty Ltd626 074 08416/01/2024NSWWorrells
16MEBP Pty Ltd155 012 22116/01/2024NSWRaft Consulting
15NB Projects Pty Ltd661 634 72416/01/2024QLDMcleods Accounting
14Gillie Electrical Pty Ltd134 774 08415/01/2024QLDWorrells
13Lybec Pty Ltd626 330 49811/01/2024QLDSV Partners
12Hebron Films Pty Ltd 654 666 86911/01/2024QLDRevive
11Viksam Pty Ltd108 111 95911/01/2024VICHall Chadwick
10Argasm Pty Ltd604 144 02310/01/2024VICWorrells
9K & M Civil Services Pty Ltd120 346 85810/01/2024NSWNicols + Brien
8CHL Services Pty Ltd634 542 39510/01/2024QLDWorrells
7R. Shrestha Pty Ltd146 643 0858/01/2024QLDSV Partners
6Made by Marnee Pty Ltd166 827 4528/01/2024NSWOlvera Advisors
5JD Construction Mildura Pty Ltd 624 436 9429/01/2024VICDye & Co
4VDR on the Parade Pty Ltd627 159 3448/01/2024SATarquin Koch 
3Common Ones Pty Ltd634 879 7358/01/2024QLDB&T Advisory
2Blackout Electrical Solutions Pty Ltd163 589 0628/01/2024QLDWorrells
1Turners Constructions & Developments Pty Ltd622 693 1094/01/2024QLDRevive