Beau Homes, a Gold Coast building company that focuses on pools, has gone into liquidation.
Rodgers Reidy’s David Hambleton and Kaily Chua have been appointed as administrators of the Currumbin-based company.
The company is reported to owes its creditors $1 million.
According to the Queensland Building and Construction Commission (QBCC) Beau Homes’ building licence was cancelled at their own request.
According to ASIC, administrators were appointed back on 29 August 2022.
The company has many former trading names, including Beau Homes & Swimming Pools, Beau Corp Aquatic & Construction, Beau Pools, Make It Right Pool Fencing and Beau Corp Aquatics & Construction.
The company has been building luxury pools between Brisbane and Byron Bay for over 50 years, with the team winning the Master Builders 2019 Best Residential Swimming Pool Gold Coast award.
The news comes just a month after Oracle Homes went into liquidation.
More to come….