Dreamworks Carpentry wound up by Federal Court, EY liquidator in

Dreamworks Carpentry Pty Ltd was wound up by an order of the Federal Court in New South Wales on 16 October 2026. ASIC’s published notice, dated 19 October 2026, names Martie Tziotis of Ernst & Young as liquidator. For Sydney builders with an open carpentry or joinery package placed with the firm, that contract now sits with the liquidator.

Why it matters

A court liquidation under subsection 465A(2) of the Corporations Act follows an application to the court, and the order moves control of the company from its directors to an external liquidator. That is a different event to a board choosing voluntary administration.

For builders and principal contractors, a subcontractor’s winding-up order is first a supply chain issue. Carpentry and joinery packages often sit on the critical path for fit-out and handover. If a scope is incomplete, it may need to be re-tendered or absorbed by another trade. The ASIC notice does not name a project, a principal contractor or a site, so this report does not link the order to any particular job. Builders who do hold a Dreamworks subcontract should check its termination and insolvency clauses, since those set out what happens to the remaining scope and to any security already provided.

Payment claims, variations and retention on any live Dreamworks subcontract should now go to the liquidator’s office at Ernst & Young, not to the company. Bank guarantees and retention held against the subcontract remain, but any claim on them runs through the liquidator.

The numbers

• Company: Dreamworks Carpentry Pty Ltd, ACN 110 168 100.
• Status: In Liquidation.
• Court: Federal Court, New South Wales.
• Order and appointment date: 16 October 2026.
• Notice dated: 19 October 2026, three days after the order.
• Basis: subsection 465A(2) of the Corporations Act and regulation 5.4.01B.
• Liquidator: Martie Tziotis, Ernst & Young, 200 George Street, Sydney.

The notice does not record an ABN, a state of incorporation, a debt figure or the applicant for the order. None of those is reported here, and none is estimated from the notice type. Treat any debt total attached to the company elsewhere as unverified until the liquidator reports to creditors or a court document states it.

What’s next

The liquidator now controls Dreamworks Carpentry’s remaining assets and affairs, with the job of realising what can be realised for creditors and investigating the company’s trading before the order. Subcontractors and suppliers owed money should expect a call for formal proofs of debt.

The notice does not set a date for a creditors’ meeting. When one is called, it will appear in a later notice on the same ASIC register.

Any builder or principal contractor with an open package placed with Dreamworks Carpentry should confirm the contract’s status with the liquidator directly, using the contact details on the ASIC notice. The order lands in the same week as the Supreme Court of NSW winding-up order against AE Plumbing Pty Ltd, an unrelated trade subcontractor. We will update this story if a later notice adds a debt figure or a creditors’ meeting date.