Finance

Website development company collapses into liquidation

Broede Carmody /

A Queensland website development company has collapsed into liquidation.

Graphics Online, which was incorporated in July 2014 and is based on the Gold Coast, appointed external managers on February 8.

Adam Ward and Morgan Lane from Worrells Solvency & Forensic Accountants have been appointed joint liquidators of the business.

Graphics Online specialised in website development and hosting.

The company has ceased trading and its website appears to have been taken down. Its phone number has also been disconnected.

The director of Graphics Online, Alan Stainlay, has told liquidators the business was the victim of cyber attacks, according to the Gold Coast Bulletin.

The cyber attacks resulted in the business having to fork out more than $100,000 to repair the damage and protect its servers from future attacks.

Since the cyber attacks, Graphics Online has been operating at a loss and is understood to owe the Australian Tax Office around $20,000.

In addition the liquidators have written to the business’s clients, advising them to contact several internet service providers in order to gain access to their sites and find a different website host.

SmartCompany contacted Worrells but did not receive a response prior to publication.

SmartCompany was unable to contact Alan Stainlay.

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Broede Carmody

Broede Carmody is a former senior reporter at SmartCompany. Previously, he was a co-editor of RMIT University's student magazine Catalyst.

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  • Broede – Graphics Online has in fact been in existence for almost 20 years however I believe you may be referring to the business changing ownership about 2 years ago. I am not sure what steps they took to protect their servers as they deploy their CMS onto the client’s own host and we have found that the client’s appear to be hosted on a lot more providers than the 3 listed by the liquidators. At present there is some confusion to where the clients stand not only for the immediate time but more so down the track.

    While clients can move their site and the CMS onto a hosting provider of their own choice, we heard last night that one of the 3 providers communicated to clients had locked clients out from access to the site’s cPanel last night as a “security precaution”

    The major problem for many clients is their reliance on a CMS platform that has no support or future and though they may continue as they are for the time being, the longer term view will require them to locate alternative solutions, particularly in light of many of the sites needing to consider redesign for mobile friendliness.