A fabrication company has collapsed into liquidation just months after shutting down its phone lines, letting staff go and ghosting tradies.

On Tuesday, sydney-based YME Metal Projects Pty Ltd, which subcontracted to building companies completing metalwork such as ballustrading and handrails, went into voluntary liquidation.

The business worked on a number of commercial projects including private hospitals, high schools and apartment blocks. Antony Resnick of insolvency firm dVT Group is the appointed liquidator.

News.com.au was in the middle of an investigation and had contacted the director for comment, just hours before the firm finally went bust.

According to documents lodged with ASIC, it owes money to a number of people and businesses.

YME owes 44 trade creditors amounts totalling $409,000, preliminary investigations indicate.

A further 15 employees are owed $210,000, from both unpaid superannuation and annual leave entitlements.

A CreditorWatch report news.com.au obtained also revealed that the ATO had lodged a $1.291 million tax default against the company earlier this year.

Jason* is the owner of one small business owed around $30,000 from its collapse and he is fuming.

“You try to take people at their word. It means…