More than a dozen staff learned at a work Zoom meeting last Tuesday that they no longer had jobs and the business had ceased trading.
“Everyone was terminated on the spot. We were told that there was no more,” one employee, Jimmy*, who did not wish to share his real name, told news.com.au.
Two days later, on Thursday, the company in question, NSW-based Main Facilities Pty Ltd, went into voluntary administration, news.com.au can reveal.
Main Facilities, which traded under the name Main Industries, was headquartered in Sydney and worked in the construction space as a trade service provider.
The company’s main client was the state government, which contracted them for various project work such as upgrading school and courthouse infrastructure.
Creditors are owed more than $7 million in the wake of the company’s collapse, according to a preliminary report to creditors compiled by the appointed administrator, Mohammad Najjar of restructuring firm Vanguard insolvency.
The sole director of Main Facilities, George Bancs, said the business had to shut down as the state government had abruptly ended contracts with them but a spokesperson for the Minns government said this was not the case.
Rubbing salt in the wound is that some…