Food delivery company Foodora Australia has appointed Worrells Solvency and Forensic Accountants for voluntary administration, effective immediately.

Simon Cathro and Ivan Glavas from Worrells Solvency will act as administrators for the company.

The voluntary administration process allows the company to be free from various challenges, including a statutory moratorium on claims against the company.

Delivery Hero, the parent company of Foodora, announced on 2 August that the company will exit four countries, including Australia, in a move to consolidate and focus on leadership positions in other markets.

Foodora has been operating its delivery service in Sydney, Melbourne and Brisbane since May 2015.

The delivery firm has been facing significant external challenges after it announced plans to exit Australia in an ‘orderly fashion’.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
“The voluntary administration process allows the company to be free from various challenges, including a statutory moratorium on claims against the company.”

These challenges have impeded the company’s ability to implement a solvent wind down of its affairs.

The company claims that all payments due to Foodora’s creditors, in particular, its employees, partner restaurants and contract riders, have been met.

Foodora will update its creditors on the financial affairs of the company at a meeting scheduled to be held before 29 August.

The company is currently facing legal proceedings launched by the Fair Work Ombudsman for its alleged engagement in sham contracting activity that resulted in the underpayment of workers.

Last week, the Transport Workers’ Union criticised the Federal Government over inaction after legal cases against Foodora were stayed.

The union has also called for the commercial arrangement between Deliveroo and Foodora regarding the transfer of riders to be made public.