D&D brought in liquidators Morton Solvency Accountants on 28 March as the print house crumbled under $800,000 of debt. At the time, the liquidator noted it was “not looking good for the unsecured creditors”.

The presentation of accounts and statement, which cover the period from the liquidator’s appointment to 27 September, noted that $50,479 has been recovered from auctioning assets and staff had received $432,137 from the government under GEERS (General Employee Entitlements and Redundancy Scheme).

However, they are yet to see missing superannuation payments.

Payments have been made for unpaid wages to a number of staff members, and the ATO has been paid $41,685. Secured creditor Bank of Queensland got $18,371.

Liquidator Gavin Morton added that some equipment vendors had reclaimed assets.

D&D’s former owner, Bob Dunsmore, has continued in the industry as production manager at Cynergy Print, a new business set-up by former D&D employee Scott Wakefield with its old Komori press.

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