Cubitt’s Granny Flats and Home Extensions has announced it would put itself into voluntary administration.
The building company, which had been operating for 30 years in NSW and the ACT, announced on Tuesday they had made the ‘devastating decision’.
Earlier on Tuesday, staff were told in a meeting the company was on its last legs.
It is believed Cubitt’s has collapsed due to the tough economic climate and is urgently seeking a new buyer.
More to come