18/04/2018 - 11:23

Cafes close in ATO battle

18/04/2018 - 11:23

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Perth venues The London Court Cafe and Black Tie Co have closed their doors in recent weeks, as the holding company controlling the two brands enters liquidation following a dispute with the Australian Taxation Office.

Cafes close in ATO battle

Perth venues The London Court Cafe and Black Tie Co have closed their doors in recent weeks, as the holding company controlling the two brands enters liquidation following a dispute with the Australian Taxation Office.

Business News understands the ATO successfully secured a wind-up order for Q and M Holdings, which operates those two cafes, on Friday of last week.

John Carrello of BRI Ferrier Western Australia was appointed liquidator.

Mugg & Bean and The Exchange on The Esplanade are other trading names under Q and M's control.

It is not yet known what the company's total liabilities are.

Black Tie Co has a prominent position facing St Georges Terrace at the northern end of the Brookfield Place precinct.

A former neighbouring venue was The Trustee Bar and Bistro, which was owned by Elemental WA.

Elemental went into administration in October.

Q and M was a private business that registered in 2000, with three major shareholders, each with an equal share.

Luisa and Jose De Quintal jointly owned a third of the entity, Margarida and Jose Mendes controlled a similar slice, and Paulo Mendes held the remainder.

Business News understands it is as yet unclear if the directors will appeal the liquidation.

A representative of the ATO declined to comment on the liquidation, telling Business News that the office was unable to comment on individual affairs due to privacy laws.

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