Press Release: Worrells Appointed to Cuppa Edge Pty Limited

SYDNEY: Christopher Darin, Partner at Worrells was appointed Voluntary Administrator of Cuppa Edge Pty Ltd. As part of the Voluntary Administration process, Mr Darin will review the company’s position and reasons for failure.

The directors made the decision to appoint Mr Darin on 19 May 2020 following financial pressure resulting from the Covid-19 lockdown. The Café closed at end of March 2020 and has placed pressure on the business’ working capital, impacting Cuppa Edge’s ability to pay external creditors, including the ATO.

Mr Darin said “while we are still in the initial stages of the appointment, stakeholders have been supportive including the landlord, providing rent relief during this difficult time and we are working with the directors and other stakeholders to explore the options to propose a Deed of Company Arrangement. I am hoping that the Café will open its doors again soon.”

If business closures, loss of trade or other challenges are affecting your financial position, or that of your clients, please call Worrells for professional advice on 02 9249 1200.

 –ENDS–

Media enquiries
Shelley Bornstein
Worrells Solvency and Forensic Accountants
Shelley.bornstein@worrells.net.au



Author details

Christopher Darin

Chris is a Registered Liquidator and associate member of the Institute of Chartered Accountants in Australia. Chris joined the firm as partner of the Sydney firm in July 2008 having been in practice on his own account since 1996. Chris' experience includes all aspects of corporate insolvency and adopts a consultative approach when exploring all financial avenues available to a distressed company. Chris also undertakes corporate advocacy appointments, assisting directors and companies in dealing with their debtors, creditors and other insolvency practitioners.

T: (02) 9249 1214 E:

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