Adajo Constructions enters small business restructuring

Adajo Constructions Pty Ltd has entered small business restructuring, according to a notice dated 16 October 2026 on ASIC’s Published Notices register. The notice is published against the company’s ACN 123 391 426. The company holds a Queensland building licence covering open builder, carpentry and joinery work, the classes under which it is permitted to continue taking on and carrying out construction contracts with Queensland clients and subcontractors while the restructuring process is underway.

The notice names Jarvis Lee Archer of Business Reset as the restructuring practitioner appointed to the company. A small business restructuring appointment, made under Part 5.3B of the Corporations Act, lets an eligible company keep trading while a practitioner works with it on a plan for creditors to vote on. It is a separate process from liquidation or voluntary administration, and the notice uses neither of those terms. The notice does not state whether the company has ceased, paused or continued its operations during the process.

Why it matters

The published notice discloses only the statutory particulars of the appointment. It does not include a creditor list, a debt figure or any detail on projects the company currently holds, so none of that can be reported from this record. Anyone owed money by, or currently contracting with, Adajo Constructions should treat the appointment as a reason to confirm the company’s status directly rather than assume the record covers it.

Adajo Constructions joins other Queensland building companies that entered a small business restructuring this cycle, including Customhouse Constructions, appointed on 21 October.

The numbers

The ASIC notice is dated 16 October 2026 and is filed against ACN 123 391 426. It is a Part 5.3B restructuring appointment notice. It carries no creditor, debt or project figures.

What’s next

Under Part 5.3B, Adajo Constructions and its appointed practitioner have statutory timeframes to put a restructuring plan to creditors for a vote. Further ASIC notices, if lodged, would confirm whether a plan is proposed, accepted, or the process ends in a different formal outcome. ASIC’s Published Notices register is the authoritative place to track any later filing against this ACN, including a possible plan outcome notice or a subsequent change of process. This notice does not name any connected development, site or project.