Melbourne trade printer into liquidation
Melbourne trade printer Trade Colour Cards has gone into liquidation after 20 years in business and a meeting of creditors will be announced shortly.
At a company meeting last week, Trade Colour director John Agarski – who’s also company secretary and the only shareholder – decided to wind up the company and appointed Richard Judson of Judson & Co as liquidator.
“What the director has to do now is prepare a list of the assets and liabilities of the company and that report will then be presented to a meeting of the creditors,” says Judson.
It’s understood creditors include a number of trade clients and a former director who invested ‘a substantial amount’ in the Trade Colour business several years ago before resigning in May 2015.
Despite the liquidation move, Trade Colour Cards remains open for business at its Dandenong South factory, according to a person who answered the phone at the premises this morning.
Agarski has been unavailable for comment.
Trade Colour started in July 1996 as a trade service to Printers only.
An online business directory estimates the company generates $4.77 million in annual revenue and employs about 20 people.
Creditors can contact Judson at firstname.lastname@example.org
[An earlier version of this story included a link to tradecolourcards.com.au, which, in fact, links to the website of a separate company, also based in Dandenong South, called Dynamite Express Cards.
There is no link between the two businesess.
The website of Trade Colour Cards, the company in liquidation, is http://tradecolour.com.au
Print21 apologises for the confusion].