17-07-2025
Bassett Furniture, Gregory Commercial Furniture and Workstations collapses into voluntry administration
A Sydney furniture firm has collapsed into administration, locked out of its site and unable to deliver $500,000 in orders.
Customers of Inventis furniture brands may be left in limbo after five companies, including Bassett Furniture, Gregory Commercial Furniture, and Workstations went into voluntary administration in late June.
The ASX-listed group owes nearly $30 million, according to ASIC documents.
This is a breaking story more to come.
