Discover how AVA Advisory’s tailored solutions have successfully guided businesses back to stability and growth.
Discover how AVA Advisory’s tailored solutions have successfully guided businesses back to stability and growth.
AVA Advisory supports clients in managing their creditors. We work closely with businesses for a minimum of two weeks, ensuring smooth operations and reducing debt levels for both the business and its creditors. Our partnership approach reflects our commitment to our clients’ success.
$2.6 million
TO CREDITORS
73%
DEBT REDUCED BY
100%
EMPLOYEES RETAINED
YES
CONTINUED TRADE
This cafe and catering company in New South Wales came to us with an overall debt of $2.6 million, a significant portion of which was owed to the ATO. This company had approximately $80k in unencumbered assets and had received a default from the ATO.
$1.4 million
TO CREDITORS
84%
DEBT REDUCED BY
100%
EMPLOYEES RETAINED
YES
CONTINUED TRADE
This contractor labour hire company working with Queensland, New South Wales and Victoria rail lines came to us with an overall debt of $1.4 million, just under half of which was owed to the ATO. This company had more than 200 staff and $1 million in unencumbered assets. They had just received a winding up application.
$160,000
OWED TO CREDITORS
87%
DEBT REDUCED BY
100%
EMPLOYEES RETAINED
YES
CONTINUED TRADE
This small gyprocking business came to AVA Advisory as it was under pressure from a number of creditors including the ATO (Australian Taxation Office). They owed around $160,000 to creditors overall, $110,000 of which was owed to the ATO. The company’s assets included a truck and tools of the trade. If the company were to fold, both the business and the creditors stood to lose money and while the sale of assets would have generated some money for the creditors, they would have received well below true value for them.
$437,000
OWED TO CREDITORS
41%
DEBT REDUCED BY
100%
EMPLOYEES RETAINED
YES
CONTINUED TRADE
This business came to us with an average annual turnover of around $10m and two commercial properties. They owed a total of $437,000 to unsecured creditors, including a tax debt of $312,000. They had received a winding up application from the ATO and faced enormous pressure from a major bank to sell not just their two commercial properties, but also the company owner’s personal property to pay out their bank loan.
$1.2 million
OWED TO CREDITORS
87%
DEBT REDUCED BY
100%
EMPLOYEES RETAINED
YES
CONTINUED TRADE
A well-established marine dealership and repair business in Perth, Western Australia, had long been a beloved anchor in the local maritime community.
However, the business faced a financial crisis and operational setbacks that threatened to capsize everything they had built.
$1.5 million
OWED TO CREDITORS
78.67%
DEBT REDUCED BY
100%
EMPLOYEES RETAINED
YES
CONTINUED TRADE
In Melbourne, Victoria, a home renovation company dedicated to delivering Melbourne’s finest home restoration services stood as a beacon of quality and craftsmanship.
However. behind the scenes the company faced problems due to flawed business structure and inadequate management. How did they manage to navigate through this challenging situation? Let’s delve into their story.
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1300 181 220.
Address
Lv 9 / 10 Spring St Sydney NSW 2000 Australia
Phone
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Address
Lv 9 / 10 Spring St Sydney NSW 2000 Australia
Phone
