A Western Australian electrical contractor that has been operating for more than 30 years and supplied machinery for mining in the Pilbara region has collapsed into voluntary administration.
Cape Range Electrical Contractors is a Newman-based electrical contractor business specialising in the supply, installation and maintenance for individual and commercial clients.ย ย ย ย ย ย ย
The family-owned business has been operating since 1973 and mainly services the Newman and Pilbara region.
A tagline on the companyโs website states โno job is too small or too big for us to handleโ, the site also claims Cape Range Electrical Contractors is โpowering up the Pilbaraโ.
The business also leases vehicles and other earthmoving machinery for mining and major contractor projects.
Administrators Rob Kirman and Keith Crawford of McGrathNicol were appointed to manage the voluntary administration of the company on August 18.
Kirman told SmartCompany this morning discussions with key stakeholders, including the companyโs approximately 30 employees, after the collapse have so far had been positive.
โSince the administration appointment it has been business as usual,โ Kirman says.
โThe key strategy is to maintain that and explore expression of interests (for the purchase of the business and assets).โ
The administrators are seeking urgent expressions of interest for the purchase of the business and its assets, with an advertisement appearing last week in The Australian.
The ad lists assets including a โmodern, well-equipped available-for-hire fleet, including mine specification light vehicles, excavators, truck, trailers, tippers, skid steer and directional drill rigsโ.
It also references a โskilled workforce providing a comprehensive range of electrical services, including industrial installation, communication cabling, maintenance and labour hireโ.
The first meeting of the companyโs creditors will take place in Perth on August 28, a day after expressions of interest close.
SmartCompany contacted Cape Range Electrical Contractors but did not receive a response prior to deadline.
Comments