On 5 December 2023, Aaron Lucan of Worrells was appointed administrator of Community Connections Solutions Australia Limited.
Founded in 1969, Community Connections Solutions Australia Limited is a not-for-profit providing comprehensive information, resources and support to early childhood education and care services in governance, management, compliance, business support and workplace relations.
The board of directors advised that flow on effects of COVID-19 pandemic, shortages in skilled labour, and delays in the renewal of key government contracts made their continued operation of the Company untenable in its current form.
The Administrator is continuing to trade the Company in a limited capacity while undertaking an assessment of the business and considering options for the future of the Company. The Company’s members and business solutions clients have been contacted directly to advise of the Administration and any changes to their ongoing services.
The Administrator is reviewing the Company’s upcoming ticketed events. These events are currently on hold and further updates will be provide to ticket holders once the Administrator’s review is completed.
Mr Lucan said, “The administration process is in its early stages and we’re working hard to immediately establish the company’s financial position and quantifying creditors’ claims, while exploring options to restructure the Company’s business. We are conscious and understanding of the impact the appointment will have on everyone involved, particularly employees and clients.”
Worrells advises it will continue to provide updates as they become available.
Worrells is the leading brand of insolvency and turnaround teams. With local teams in NSW/ACT, Qld, Vic, and WA, Worrells also has the support of a national brand. Its teams has helped people and business recover from difficult financial situations and assisted the creditors attached for over 50 years.
–ENDS–
Aaron Lucan
Principal, Western Sydney
aaron.lucan@worrells.net.au