Liquidators of collapsed Brookvale printer Roller Poster Co have declared a first and final payout for the company’s list of creditors.

The flexo printer made national headlines in June when liquidators from Jirsch Sutherland were appointed before a $100k signage contract with the Australian Labor Party was completed.

The signs were an integral part of Labor’s campaigning material in the lead up to the July 2 federal election.

The site’s landlord had switched off the power at the NSW site, preventing staff from completing the job, however liquidators stepped in to ensure the printing was finalised. 

Roller Poster Co employed four staff who, at the time of collapse, alleged they were owed outstanding employee entitlements.

Liquidator Amanda Young is continuing to wind up the company and has declared a first and final dividend for creditors who are owed debts. Young advises they have until November 22 to formally prove their debts or claims.

Following its collapse, Roller Poster Co’s assets were purchased by trade label company Foxcil, which has continued running the business under the shortened name Roller Poster and retained three of its staff members. In fact Foxcil moved into the Roller Poster site.

Roller Poster has continued to trade as an independent company, with Antonin Dvorak staying on as general manager with Foxcil’s Roger Kirwan as managing director.

Giving an update on the company, Kirwan tells Australian Printer, “Business is going really well. Effectively for the Roller Poster customers it is business as usual.”

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