Insolvency Australia

About Me

I was lucky enough to have enough people in my life to help teach me from when I started in insolvency back in 2003, to a point where I was able to become a Registered Trustee and a Registered Liquidator and to open my own practice.

I have extensive expertise in helping individuals through the bankruptcy process and directors through the voluntary administration and liquidation process. Having worked across all industry sectors, I am fortunate to have a great team around me both inside and outside Taylor Insolvency who are an invaluable resource that I draw upon to obtain the best possible outcome for all parties.

The key areas I can assist with include:

  • Company restructuring
  • Assistance with ATO debt issues
  • Business sales or close downs
  • Reorganisation of debt
  • Personal debt solutions
Job title

Managing Director

Main Business Address

U13, 175 Lower Gibbes St, Roseville NSW 2069

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Operating States
Service type

Multi-service

Practitioner Type
Example Matters

IT company (voluntary administration)

An IT company came to me with no assets of value and a $550,000 debt to the Australian Taxation Office (ATO), $200,000 owing in superannuation to employees, and a trading debt of $10,000.

After running the company through a Voluntary Administration, the Directors offered $200,000 to their employees to cover their outstanding superannuation payments. All other creditors were not paid but the debt was eliminated.

The ATO accepted the offer, and the company is still going strong today.

Waste removal company (business restructure)

A waste removal company with assets including the business and some trucks, had accumulated outstanding debts of $600,000 with a Director Penalty Notice issued, loans of $300,000, and trading debts of $200,000.

The Director set up a second company and ran the waste removal business under a license agreement whilst the business was advertised and the assets were valued.

After an exhaustive advertising campaign, the highest offer came from the second company who bought some of the trucks and the goodwill of the business for under $50,000.

As a result, the business is still operating today. The remainder of the assets were sold at auction.

Retail business (business restructure)

With a $300,000 Australian Tax Office debt, and $1million+ in potential employee claims, the business was sold to a reared entity after a valuation process for $300,000.

I was appointed as the liquidator when there was only $20,000 left. I undertook exhaustive research into the business’s valuation and the payment of sale price with various offsets and payments made from the settlement sum.

I negotiated settlement with a new company for approximately $40,000, with the business still going strong today.

Logistics company (business dispute)

I was approached by a logistics company with three shareholders with a dispute between them. Two of the shareholders wanted to buy the third one out, so I negotiated a valuation of the business which was sold to the highest bidder (i.e., the two shareholders). The company was liquidated with the funds distributed to the three shareholders according to their shareholdings.

Website Address

https://taylorinsolvency.com.au/%20

Open
Open 24h today
  • Monday

    Open 24h

  • Tuesday

    Open 24h

  • Wednesday

    Open 24h

  • Thursday

    Open 24h

  • Friday

    Open 24h

  • Saturday

    N/A

  • Sunday

    N/A

  • 26/02/2024 10:11 PM local time

Head Office Address

U13, 175 Lower Gibbes St, Roseville NSW 2069

No. of Staff

1-10

No. of Partners

1-10

Service Type

Multi-service

Liquidator Registration No.

489753

Liquidator Registration Date
  • 24/10/2016

Trustee Registration No.

1561

Trustee Registration Date
  • 7/07/2014

Education and Qualifications?

University of New England - Bachelor of Law & Commerce

Registered Trustee

Registered Liquidator

Chartered Accountant (CA)

Example matters

IT company (voluntary administration)

An IT company came to me with no assets of value and a $550,000 debt to the Australian Taxation Office (ATO), $200,000 owing in superannuation to employees, and a trading debt of $10,000.

After running the company through a Voluntary Administration, the Directors offered $200,000 to their employees to cover their outstanding superannuation payments. All other creditors were not paid but the debt was eliminated.

The ATO accepted the offer, and the company is still going strong today.

Waste removal company (business restructure)

A waste removal company with assets including the business and some trucks, had accumulated outstanding debts of $600,000 with a Director Penalty Notice issued, loans of $300,000, and trading debts of $200,000.

The Director set up a second company and ran the waste removal business under a license agreement whilst the business was advertised and the assets were valued.

After an exhaustive advertising campaign, the highest offer came from the second company who bought some of the trucks and the goodwill of the business for under $50,000.

As a result, the business is still operating today. The remainder of the assets were sold at auction.

Retail business (business restructure)

With a $300,000 Australian Tax Office debt, and $1million+ in potential employee claims, the business was sold to a reared entity after a valuation process for $300,000.

I was appointed as the liquidator when there was only $20,000 left. I undertook exhaustive research into the business’s valuation and the payment of sale price with various offsets and payments made from the settlement sum.

I negotiated settlement with a new company for approximately $40,000, with the business still going strong today.

Logistics company (business dispute)

I was approached by a logistics company with three shareholders with a dispute between them. Two of the shareholders wanted to buy the third one out, so I negotiated a valuation of the business which was sold to the highest bidder (i.e., the two shareholders). The company was liquidated with the funds distributed to the three shareholders according to their shareholdings.

Email

jtaylor@taylorinsolvency.com.au

Email me

Telephone (landline)

0402 737 647

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