Mainscarf trading as Hansen Constructions NQ - Liquidation

Mainscarf trading as Hansen Constructions NQ, a North Queensland construction company, entered liquidation on 15 April after previously falling into voluntary administration in January of this year.

Liquidators David Stimpson and Michael Brennan of SV Partners, who were also the company’s administrators, said that the company had taken on contracts it could not manage, and cited poor operational management and cost control, as well as delays in construction work caused by poor weather conditions, as factors in the decline.

The company reportedly employed about 70 people at the time of the initial appointment, but those numbers dwindled to about 40 at the time of the liquidation as employees lost faith that the company would be able to continue trading in the long-term.