The future of Michael Wu’s failed Melbourne digital printer On Demand will be decided at a creditor’s meeting slated for three weeks time on August 26, according to the administrator of the business.

The troubled printer has remained open and continued to fill jobs since its collapse into administration on July 22, with the fate of its 25 staff undecided until the crucial meeting.

Wu’s print woes have cost him his stake in high-profile Melbourne merger Dockland Ability Group, his offset-turned-digital printer Longbeach – which closed and has now reopened with no sign of Wu – and now his remaining operations at On Demand hang in the balance.

[Related: Wu's crumbling print empire]

Administrator Matthew Gollant says the On Demand business owes ‘hundreds of thousands of dollars’ to creditors including paper merchants Spicers, BJ Ball and KW Doggett and equipment suppliers Canon and HP.

According to Gollant, Wu is listed as the sole director of On Demand and is working with the administrators throughout the process by assisting with inquiries.

It is understood the company is now trading under licence by Docklands Ability Group, which is owned by Wu’s former business partners Moody and Abbey Aboughattas.

The brothers say they have not completely ruled out the possibility of purchasing On Demand and operating it through Mercedes Waratah.

More to come.

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