Companies which file financial accounts late, or not at all

by Michael West | Mar 22, 2012 | Business

Here is a list of big companies which regularly fail to lodge financial accounts with the Australian Securities and Investments Commission:

  • Australian Correctional Facilities Pty Ltd
    Owner and contractor of correctional services at Port Phillip Prison, Victoria which has not lodged annual accounts since year ended 30 June, 2008.
  • Serco Australia Pty Ltd
    Operator of Federal immigration detention centres, Acacia Prison WA and SE Qld Correctional Centre which
    regularly lodges accounts after the deadline of 30 April each year.
  • Serco Traffic Camera Services (Vic) Pty Ltd
    Provider of traffic camera services to Victorian Government which is regularly months late in lodging annual accounts.
  • Intralot Australia Pty Ltd
    Provider of lottery services in VIC (Public Lottery Licence holder) and WA. Regularly lodges accounts months after deadline.
  • Reed Constructions Australia Pty Ltd
    NSW based builder in financial trouble which  lodged annual accounts for the year ended 30 June 2011 last night (five months overdue).
  • Thiess Pty Ltd
    Subsidiary of Leighton Group. Has experienced major project losses in 2010-11 year and did not lodge its latest annual accounts until February 2012 (three months late).
  • United Water International Pty Ltd
    Provider of Adelaide water services until June 2011 which has not lodged its annual accounts since 2009.
  • Veolia Water Australia Pty Ltd
    Owner of and major water services provider in Australia (subsidiary of French listed Veolia). Has not lodged its accounts since 2009.
  • Suez Environnement Australia Holding Pty Ltd
    Australian holding company for French Suez Group in Australia
    A major water services operator, regularly lodges its accounts months after the deadline.

Michael West established Michael West Media in 2016 to focus on journalism of high public interest, particularly the rising power of corporations over democracy. West was formerly a journalist and editor with Fairfax newspapers, a columnist for News Corp and even, once, a stockbroker.

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