Company's licence suspended as debts remain unpaid
A CONSTRUCTION company which had promised to clear invoices owed subcontractors dating back to September last year has had its licence suspended by the Queensland Building and Construction Commission for non payment of debts.
Development Delivery Construction known as Ddel has worked principally for SMSF Property Capital which has constructing a number of homes at Peregian Springs and around Brisbane.
The company has operated under the builder's licence of Bradley James Savage of Black Mountain, Cooroy, and James Joseph Savage of Kilcoy.
Earlier this month Ddel construction manager Danny Senior said the builder was committed to paying monies owed.
Mr Senior said "mistakes have been made" but the company would not be closing its doors.
Subbies had complained they were offered as little as 25 cents in the dollar against invoices amounting to tens of thousands of dollars.
Mr Senior said the offers should never have been made.
Painting contractor Cheryll Harper of Enzign Painting at Kunda Park said Ddel had made the first two of three promised payments under an arrangement the builder made with creditors earlier this month.
"We were surprised to receive it but we did," Ms Harper said.
She said the payments had covered two thirds of an invoice she had been owed since the middle of December.
She said she had been told by Ddel staff the builder had received a cash injection from SMSF Property Capital.
The Sunshine Coast Daily has sought comment from Ddel and the QBCC.
In early February Mr Senior said he had come on board four months ago and would not be there if he thought the business would not honour its commitments.
"If I didn't believe in these guys I wouldn't be here," he said.
"Have we struggled? Yes. I understand where the subbies are coming from. The Sunshine Coast is a small economy and there has been others. We are going to come through the other side. That's what I believe."
Ddel's principal client is SMSF Property Capital Pty Ltd which has housing projects under way in Peregian Springs and Brisbane which are sold to self-managed super fund investors.
Ddel has the same business address at Level 1, 800 Kingsford Smith Dr, Eagle Farm, as SMSF Property Capital, a company linked to former Sunshine Coast builder Marc Withnall.
Mr Withnall was banned for life from the construction industry in 2006 by the Queensland Building Services Authority. He was SMSF Property Capital's company secretary from November 3, 2010, until May 15, 2013 and continues to work in the business.
Both Mr Withnall and Brent Stevens were listed last June on the QBCC website as excluded people who could have nothing to do with the building company.
Mr Withnall was a director of five companies that were either placed in administration or liquidation between 2004 and 2006.
Development Delivery Construction (Ddel) was also suspended by the QBCC in April, 2014, for failure to lodge financial returns with the regulator and again in April, 2015, for failure to pay its annual licence fee when it became due.