The debts of a collapsed group of NSW businesses have blown out to almost $23 million, while other subsidiaries have quietly gone under in recent weeks.
News.com.au reported in April that a liquidation-owing-more-than-11m/news-story/59a141192918a4d7fd0c29993b233812″ target=”_blank” title=”www.news.com.au” data-tgev=”event119″ data-tgev-container=”bodylink” data-tgev-order=”59a141192918a4d7fd0c29993b233812″ data-tgev-label=”finance” data-tgev-metric=”ev”>western sydney factory had closed down and all workers had been terminated on the spot.
It comes after two companies linked to the Sydney-based Apollo group, which manufactures kitchen and bathroom joinery, have entered liquidation after 56 years in business.
When Apollo Kitchens (NSW) Pty Ltd went into liquidation, all its 65 workers were called to the front of the factory and learned they were jobless.
Apollo Kitchens owes $11.2 million to creditors, including staff, according to its liquidators.
Another business, called Brownlen Pty Ltd, which operated as the head office of the Apollo group, also went bust at the same.
Brownlen’s liquidators recently revealed to news.com.au they had received claims from creditors that amounted to $11.5 million.
That brings the total amount owed across both businesses to nearly $23 million.
It comes as a worker, Ron*, previously told news.com.au: “All staff are absolutely disgusted.”
Since news.com.au originally broke the story that two Apollo businesses had liquidated, more have succumbed to a…