Euro Poles and All Flags Signs and Banners enter liquidation

Euro Poles and All Flags Signs and Banners have entered liquidation.

A ‘Notice of Deemed Special Resolution to Wind Up a Company’ was issued yesterday for the following businesses owned by Peter Wagener: Wagener Holdings Pty Ltd (trading as All-Signs, All Flags Signs and Banners, Pennant House, Photos on Glass, Dot Imagery, All Flags); All Signs WA Pty Ltd; Double Trouble WA Pty Ltd (trading as Euro Poles & Textile Displays, Euro Poles and Flag Displays, LF Media 2020 Pty Ltd Pty Ltd; Pennant House Pty Ltd; Vuteks WA Pty Ltd (trading as Vuteks WA and Flexible Signage Solutions).

Wagener supplied the following statement:

“Navigating New Horizons – A Message from All Flags, Signs and Banners CEO, Peter Wagener:

Dear Valued Customers and Industry Partners,

 It is with a heavy heart that we share this news regarding the recent developments at All Flags Signs and Banners, All Signs, Euro Poles, and Pennant House,  Despite our initial optimism surrounding a potential solution and restructure, an unexpected turn of events late last night has compelled us to transition from voluntary administration to liquidation.

 Following our previous announcement detailing the challenges imposed by the WA border closure and the ongoing impact of the COVID-19 pandemic, our management team was actively pursuing solutions to secure the future of all companies, However, we received notification that the landlord of our commercial lease has terminated the agreement, leaving us with no choice but to take this regrettable step.

 The termination of our commercial lease has come as a severe blow, and it is with a heavy heart that we were forced into the difficult decision to move from voluntary administration to liquidation.

 Despite this setback, I want to assure our very loyal customers, and the Australian events and sports industry whom we have served for three decades, that we have re grouped.

Thanks to our very loyal staff and customers we are in a position now, to state we are restarting in early December and will be ensuring all our supplies will be paid in full. We are very conscious to make sure everything is legal, ethical and above board. 

We are committed to the industry, supporting it fully and working to developing new products also in the years ahead. Our staff are excited to be able to continue to serve our clients into the future.

Please don’t hesitate to contact me if you have any questions.

Yours faithfully,

Peter Wagener”