One of Australia's biggest pet companies announces it has gone BROKE owing workers and creditors half a million dollars
- Auspet & Vet shut up shop on December 20, after more than two decades
- The company still owes thousands of dollars to major Australian pet brands,
- Their website remains live but the company's phone numbers are disconnected
One of Australia's biggest pet supply companies has gone broke, leaving workers and creditors up to half a million dollars short.
Auspet & Vet shut up shop on December 20 after more than two decades as the nation's leading supplier of aquarium, pet, equine, rural and garden supplies.
When the company folded many involved were still owed a total of half a million dollars, according to the Courier Mail.
Auspet & Vet - one of Australia's biggest pet supply companies - has gone broke after more than two decades supplying aquarium, pet, equine, rural and garden supplies (stock image)
The company was wound up late last year and placed into liquidation, with Leon Lee of Morton's Solvency Accountants appointed as liquidator.
While the business's registered office is in Brisbane, the warehouse is located in Adelaide.
According to the Courier Mail the 52 creditors include Australian Pet Brands, Masterpets Australia and Petworkx.
They are each owed tens of thousands of dollars.
The Daily Mail Australia reached out to the company for contact, but the listed numbers on its website had been disconnected.
Staff and creditors are now out of pocket since the business was put into liquidation (stock image)
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