One of Australia’s longest standing concrete pool builders, Queensland’s Majestic Pools and Landscapes, has gone into liquidation.
SPLASH! understands a range of market conditions affected the business with declared revenues down considerably compared to the previous year.
A spokesperson for the Queensland Building and Construction Commission (QBCC) says that they have no open complaints against the company, and no complaints against the company relating to monies owed.
“Now that the company has been placed into liquidation, anyone owed money will need to contact the liquidator,” he says. He also says that the QBCC has commenced the administrative process that may see the company’s director excluded from the industry for three years.
Majestic Pools and Landscapes was established in 1988 and had been Australia’s most awarded pool builder.
SPASA Australia CEO Lindsay McGrath says it is sad that such a long standing family business will be lost to the industry.
“It is disappointing to see a multi-generation business of talented skilled tradespeople lose everything to the current downturn in the housing industry,” says McGrath.
“The pool building sector is affected by tight margins – as is the overall construction industry – yet we still see a consistent 20,000 pools built each year, with home owners understanding the health, wellness and family benefits of owning a pool.”
He says that consumers should be covered by Home Warranty Insurance.
“When consumers engage a reputable SPASA builder they are using a licenced professional and are covered by building indemnity insurance to protect them from such things as liquidation,” he says.
McGrath says he understands Majestic Pools has received many messages from industry and creditors thanking the company for their unwavering support and business over the past 30 years, not withstanding the difficult situation this has put creditors in.
“This industry body and its members will be working with consumers, the liquidator and the QBCC to ensure any outstanding pools are completed.”
Anyone with questions about the liquidation should contact David Hambleton of Rodgers Reidy on (07) 3136 5702 or firstname.lastname@example.org.
Caption: A winning Majestic design from 2018