The Dubbo Railway Bowling Club Ltd, trading as Sporties Dubbo, entered into voluntary administration on 15 November 2018. Aaron Lucan and Graeme Beattie, Partners of Worrells Solvency and Forensic Accountants NSW & ACT, have been appointed as the Administrators.
The Club, which operates out of premises at 101 Erskine Street, Dubbo, fell into financial distress as a result of unfavourable contracts and operational challenges.
Worrells Partner, Aaron Lucan stated:
“The Club will continue to trade as usual through the voluntary administration while we explore options for a restructure or amalgamation to secure the future of the Club.
We will continue to undertake a financial assessment and expect that we will implement operational changes to facilitate the continued trading of the Club during the administration.”
For more information or to make an enquiry, the Worrells Central West office is contactable on 02 8844 1200 or centralwest@worrells.net.au.
Worrells has 27 offices and 29 partners, across Qld, NSW, ACT, Vic, SA, and WA. Worrells has been providing solvency management, insolvency administration, and forensic investigation services for over 45 years.
—ENDS—
Contact:
Aaron Lucan
Partner, Worrells Western Sydney
aaron.lucan@worrells.net.au