A once fast-growing roofing company recently filed for Chapter 7 bankruptcy nearly three years after it closed.
Allied Roofing Systems LLC, which shuttered in November 2013
, on July 21 posted the filing that lists $0 to $50,000 in assets against $1 million to $10 million in liabilities. Up to 49 creditors are named.
Co-signed by debtors Clint Tackitt and Neena Gill, the filing comprises debt from three businesses: Allied Roofing, Allied Air Systems LLC and Alpha Tots Learning Inc.
Creditors include the IRS, with a $318,256 claim; American Express, at $212,112; Bank of Iberia, at $100,000; and the Missouri Higher Education Loan Authority, at $40,000.
Allied Roofing, which operated at 655 S. Campbell Ave., in 2010 posted revenue of $6.05 million, ranking the company No. 8 on Springfield Business Journal’s 2011 Dynamic Dozen list
with three-year revenue growth of 42 percent.
Leading up the company’s closure, Tackitt cited
myriad clients who were behind on payments owed to Allied Roofing. He told SBJ that at the time the company’s doors closed, $1.7 million in accounts receivable were still owed. Allied Roofing also was cited for four safety violations in 2011 by the Occupational Safety and Health Administration for an Omaha, Neb., project where employees were exposed to fall hazards.
Allied Roofing’s completed project roster includes the Leadership in Energy and Environmental Design Platinum-certified Green Circle Shopping Center on Republic Road.