Liquidators from accounting firm Grant Thornton will meet a group of creditors of collapsed Melbourne printer The Printcentre Group in Collins Street on Friday.
The large format specialist went into liquidation earlier this month following a meeting of the company owners.
Staff members who turned up for work at the factory in Sunshine West on Monday, August 15, found the doors had been locked and they were shut out. A source told Print21 the business had been struggling for some time but the sudden closure came as a shock to many. About 20 former staff members have been forced to seek compensation for their pay and entitlements through the federal government's Fair Entitlements Guarantee.
Liquidators Stephen Dixon and Ahmed Bise from Grant Thornton have been sifting through the company's books and records to try to sort out the remaining assets and the amounts of money that are owed to a list of creditors. They've called the first meeting of creditors that will take place at the Grant Thornton offices, The Rialto, Level 30, 525 Collins Street, Melbourne, on Friday September 2 at 11am.
Creditors who plan to attend the meeting have been advised that proofs and proxies should be submitted to the liquidator by 5pm today, Wednesday, August 31.
The Printcentre expanded to Sydney in 2014, opening a new flatbed and wide format factory at Rosebery, but then shut down the operation the following year to concentrate on the Melbourne business – originally based in Port Melbourne before a shift to the new location at 112-118 North View Drive, Sunshine West.
The Printcentre owners John Doyle and Darren Soppi have yet to make any public comment. The liquidators also declined to answer questions.