Registered liquidators & restructuring advisors — Melbourne-based
When a business can't continue,
the exit still matters.
Barolo Advisory guides company directors through liquidation, voluntary administration and small business restructuring — with a direct line to the liquidator handling your case, not a call centre.
Where we act for you
Every engagement is scoped to the director's actual position — not a one-size process.
Creditors' voluntary liquidation
Directors initiate an orderly wind-up when a company can no longer pay its debts, closing the business in a controlled, compliant manner.
Court liquidation
Representation and administration where a company is wound up by court order, including responding to creditor-initiated applications.
Small business restructuring
A director-led, lower-cost pathway under Part 5.3B for eligible small companies to restructure debt and continue trading.
Voluntary administration
Independent oversight while a company's future is decided — deed of company arrangement, sale, or liquidation.
Safe harbour advisory
Guidance for directors developing a turnaround plan, to help satisfy safe harbour protections against insolvent trading claims.
Receivership & asset recovery
Realisation of secured assets and coordination between receivers, liquidators and financiers to maximise recovery for stakeholders.
How an engagement unfolds
Five stages, from first call to final report to creditors.
Confidential assessment
We review your position privately — no obligation, no cost — and set out the realistic options available to you as a director.
Recommendation & fee disclosure
You receive a plain-English recommendation and a clear fee structure in writing before anything is signed.
Appointment
Formal appointment is made — liquidator, administrator or restructuring practitioner — and creditors are notified as required by law.
Administration & realisation
Assets are secured and realised, investigations are conducted where required, and creditor claims are assessed.
Finalisation & reporting
Funds are distributed according to statutory priority, and a final report is issued to creditors, ASIC and the director.
"Directors don't need us to be fast. They need us to be direct, and to get it right."— Tom Barolo, Lead Liquidator
About the firm
Led directly by the liquidator on your file.
Tom Barolo has spent 12 years in corporate insolvency, acting for company directors, creditors and financiers across liquidations, administrations and restructures of every size. Barolo Advisory was founded on a simple position: the person you speak to at the first call should be the person running your case at the last.
That means direct access to the decision-maker throughout — not a rotating case manager — and a process explained in plain terms at every stage, from the first confidential conversation through to the final report to creditors.
Why directors call us first
Insolvency work rewards experience and directness — not scale.
You speak to the liquidator, not a junior
Every consultation and every update on your file comes directly from the person legally responsible for it.
Costs set out before you commit
Fee structures are disclosed in writing before any appointment is made — no surprises once the process has started.
Discretion as standard
Initial conversations are confidential. Nothing is filed or notified until you've decided on a path forward.
Wide reach, direct accountability
Melbourne-based and able to act for companies and directors well beyond the local area.
Questions directors ask first
General information only — every situation is assessed individually.
Liquidation ends a company and realises its assets for creditors. Voluntary administration pauses creditor action while an independent administrator assesses whether the company can be saved. Small business restructuring lets eligible companies keep trading while a plan is put to creditors. Which applies depends on the company's financial position and whether it can be saved — we'll tell you plainly which category you're in.
Generally, liquidating a company does not put personal assets at risk unless you've given personal guarantees, security over your home, or have acted in breach of director duties (such as insolvent trading). We review your personal exposure as part of the initial assessment.
Yes, in most cases. Directors of liquidated companies are not automatically banned from running a new business, provided the same name and brand aren't reused in a way that breaches phoenixing rules, and there's no history of repeated failed companies raising ASIC scrutiny.
Eligible employees can access unpaid wages, leave and other entitlements through the Fair Entitlements Guarantee (FEG) scheme once a liquidator is appointed. We handle the coordination with FEG as part of the liquidation process.
Costs depend on company size, complexity and asset position. We provide a written fee estimate before any appointment is made, and explain how liquidator remuneration is approved by creditors.
An initial assessment can happen within a day of first contact. Formal appointment timing depends on the pathway chosen and any board or shareholder resolutions required — we'll set out a realistic timeline once we understand your position.
Get in touch
Start with a confidential conversation.
There's no cost and no obligation for an initial assessment. Everything discussed stays between you and the liquidator handling your enquiry.