The company behind once-popular Wollongong eatery Rocksalt Bar & Grill has been placed into liquidation, forcing several employees to turn to the government to help them recover nearly $30,000 in unpaid entitlements.
Creditors resolved to place DConsult Pty Limited, the company that was operating the beachfront restaurant, into liquidation on Monday.
The company went into administration early last month, immediately shutting its doors, and was handed over to administrators Darren Vardy and Ian Purchas.
Mr Vardy confirmed yesterday the company had debts totalling almost $440,000, including nearly $30,000 in unpaid holiday entitlements and superannuation owed to six employees.
He told the Mercury the administrators would assist the workers to make claims for the unpaid annual leave under the government’s FEG (Fair Entitlements Guarantee) program.
FEG does not cover superannuation.
Mr Vardy said one of 26 unsecured creditors was owed about $350,000, which related to funds lent to initially purchase the 18-month-old business.
The Australian Taxation Office was also owed money, he said.
The administrators are now set to release the company’s assets, including equipment, and will continue to investigate its financial affairs.
DConsult’s sole director, Deanna Lee, issued a statement last month saying the company’s position was a result of a ‘‘series of complex ongoing issues’’.
Mr Vardy said the eatery’s landlord had been talking to several parties who were interested in taking over the site.
Anyone with queries should contact the administrator’s Wollongong office on 42274086.