The liquidators of failed adtech startup Metigy, which collapsed into administration in July, just 20 months after raising $20 million in a Series B, have taken a $1.45 million hit on the sale of a country property bought using company funds by the startup’s now bankrupt founder, David Fairfull.
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At Cathro & Partners, we provide live access to ASIC insolvency statistics through our website dashboard, Cathro Clarity, enabling stakeholders to track insolvency trends and market movements in near real time. Insolvency reporting typically focuses on how many companies fail and in which industries. For this Cathro Clarity Insight, we
At Cathro & Partners, we provide live access to ASIC insolvency statistics through our website dashboard, Cathro Clarity, enabling stakeholders to track insolvency trends and market movements in near real time. Insolvency reporting typically focuses on how many companies fail and in which industries. For this Cathro Clarity Insight, we
A construction business can be profitable on paper and still run out of cash. In this episode of The Cut, host Chris Bergin speaks with Victor Zhou, a fractional CFO specialising in the construction sector, about why cash flow problems develop, how builders and developers can identify them early, and
A construction business can be profitable on paper and still run out of cash. In this episode of The Cut, host Chris Bergin speaks with Victor Zhou, a fractional CFO specialising in the construction sector, about why cash flow problems develop, how builders and developers can identify them early, and
You receive an urgent email from the CEO requesting a payment be processed before the end of the day. The email looks genuine, the writing style appears familiar, the address is correct and relevant supporting documentation is attached. You know the CEO has been flat out on a new project
You receive an urgent email from the CEO requesting a payment be processed before the end of the day. The email looks genuine, the writing style appears familiar, the address is correct and relevant supporting documentation is attached. You know the CEO has been flat out on a new project
