Work has stopped on more than 100 home building sites after a Perth construction company went bust, leaving 38 staff unemployed and about 350 unsecured creditors owed about $16 million.

BuiltonCorp Pty Ltd, which trades under brands including Platinum Homes, Aspireon Homes and Multi Living by Design, ceased trading and terminated its workforce last week. Dino Travaglini and Jeremy Nipps of chartered accounting firm Cor Cordis have since been appointed voluntary administrators and say sub-contractors and suppliers are among the…