Twelve customers hoping to have their homes built by a West Australian building company have been left disappointed after the business collapsed.
perth builder Western Luxury Homes Pty Ltd was placed into liquidation on Friday, according to a notice published by ASIC.
The failing business has now been handed over to RSM liquidators Travis Kukura and Jerome Hall Mohen who will take charge of finding a solution to the company’s financial woes.
It is understood 12 homes were left incomplete when the building company folded, with signed contracts dating back to mid-2020.
Clients are being urged to contact their home indemnity insurance provider, QBE Insurance, following the shock collapse.
“This enables homeowners to begin the process of engaging another registered builder to complete the work or managing other remedies they may be entitled to,” Building and Energy executive director Saj Abdoolakhan said.
The failed business joins a long line of companies going belly up in Western Australia.
Building and Energy said an average of 22 registered residential building contractors become insolvent every year in the state.
Western Luxury Homes joins the ranks of other failed building companies, including Modco Residential, Slatter…