Starleaton launches closing down sale following liquidation

Starleaton has announced an online closing down sale of its machinery after the company was placed in liquidation last week.

“After 45 years in the print, signage, and graphics industry, Starleaton is closing down,” the company said in an email promotion.

“This is your final chance to secure premium brands and quality products at unbeatable clearance prices.

“Everything is priced to clear – once it’s gone, it’s gone.

“If you’re looking to stock up or purchase multiple items, get in touch for exclusive bulk discounts and tailored bundle pricing.

“Act fast – stock is limited and moving quickly.”

Brands promoted online as part of the sale promotion include Canon (up to 60 per cent off), Zünd (up to 70 per cent off), Neschen (up to 75 per cent off), Hahnemühle (up to 55 per cent off), Brett Martin (up tp 80 per cent off), and X-Rite (up to 80 per cent off).

Starleaton was placed in liquidation last week after failing to meet its monthly repayments promised to creditors.

Sprinter received a schedule of the payments that Starleaton CEO Ben Eaton made, which was supposed to be $33,333.33 every month, for 24 months.

The schedule showed $800,000 was promised and $366,666.30 paid, with the last instalment of $33,333 paid on 28 February 2025.

Starleaton only managed to complete 11 monthly payments of the 24 promised, resulting in a $433,333.70 shortfall.

Creditors were informed of the liquidation on 11 June in a statement titled ‘General Update on the Deed of Company Arrangement’ issued by Simon Cathro and Andrew Blundell from Cathro & Partners.

Following the liquidation, Starleaton employee entitlements will also now be handled through the government’s Fair Entitlements Guarantee (FEG) scheme.

The FEG scheme can assist employees if there are insufficient realisations in a liquidation and FEG will then stand in the place of employees for any amounts paid.

At the time, Starleaton employee entitlements were estimated to be:

  • Wages – $105,445.55 (28 employees)
  • Superannuation – $133,396.73) (35 employees)
  • Annual leave – $140,899.94 (24 employees)
  • Long service leave – $261,715.46 (14 employees)
  • Pay in lieu notice – $190,635.36 (27 employees)
  • Redundancy – $552,232.60 (26 employees)

The liquidators have now recommended that all employees lodge a claim with FEG for unpaid entitlements – which will be individually calculated in the coming days.

The estimated finalisation of the liquidation will be in two years from now – in June 2027.

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One thought on “Starleaton launches closing down sale following liquidation

  1. It’s hard to come up with $33K per month cash in any business, let alone the cut-throat Aussie signie supplies game. I’m glad I’m out of it, too hard.

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