Allroads Pty Ltd: Tradies walk off the job after builder’s $200million collapse as second company crashes with $30million of debt

Australia’s construction industry tradies have walked off job sites over unpaid bills a another firm has crashed with unfinished projects in four states. 

Construction company Allroads Pty Ltd was ordered into liquidation by the Queensland Supreme Court last Thursday. 

The company specialised in civil construction, with $200million in major road and defence projects in Brisbane, Townsville and the gold coast still open at the time of its collapse. 

An investigation by the administrators – liquidator David Stimpson of insolvency firm SV Partners – found the company owed $24.5million to 721 creditors.

The creditors include 145 staff who are owed $3.9million in unpaid wages, super and entitlements.

Civil Engineering Company Allroads Pty Ltd was ordered into liquidation. It had with $200million in major road and defence projects in Brisbane , Townsville and the Gold Coast still open at the time of its collapse

Civil Engineering Company Allroads Pty Ltd was ordered into liquidation. It had with $200million in major road and defence projects in Brisbane , Townsville and the Gold Coast still open at the time of its collapse

‘There have been worrying signs these guys were not in a good place for a long time, with multiple subcontractors and suppliers walking off sites due to unpaid bills,’ one source told news.com.au.

They said many of the creditors were small business who would ‘feel the pinch, if not break,’ from the losses. 

At the time…

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