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Browsing Tag

liquidation

55 posts
BBusiness
SmartSpace holding company SS Holdings in liquidation owing $3m to investors
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SmartSpace holding company SS Holdings in liquidation owing $3m to investors

  • March 20, 2026
However, business opportunities started to reduce for the company from September 2025 as competition, under-investment and a lack…
BBusiness
Auckland cafe Luna All Day racks up alleged $620,000 tax bill
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Auckland cafe Luna All Day racks up alleged $620,000 tax bill

  • March 19, 2026
“Poor trading conditions meant the company could not meet its debts as they fell due,” the liquidators said…
BBusiness
About $3m recovered in liquidation of Gisborne logging company that reportedly owed creditors $7.1m
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About $3m recovered in liquidation of Gisborne logging company that reportedly owed creditors $7.1m

  • March 13, 2026
Johnstone told the Gisborne Herald the liquidation was not complex. “The liquidation took longer than initially anticipated due…
BBusiness
Auckland Asian-fusion bakery Luna All Day goes into liquidation
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Auckland Asian-fusion bakery Luna All Day goes into liquidation

  • March 11, 2026
Adam Botterill and Damien Grant of insolvency firm Waterstone were appointed liquidators of Luna Bakehouse Limited on March…
NNew Zealand
High Court liquidation threat looms as ex-staff chase unpaid six-figure awards
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High Court liquidation threat looms as ex-staff chase unpaid six-figure awards

  • March 7, 2026
“The economy drop of 35% has destroyed my companies,” he said. “I’m just a victim of a drop…
SSports
All Blacks great Frank Bunce’s tyre business put into liquidation
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All Blacks great Frank Bunce’s tyre business put into liquidation

  • March 5, 2026
Tyremax is listed as having rights to all present and after acquired personal property, making it the highest-ranking…
BBusiness
Happy Sprouts owes IRD $1m after early childhood licence cancellations
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Happy Sprouts owes IRD $1m after early childhood licence cancellations

  • March 3, 2026
However, the pair subsequently learned that the Inland Revenue Department (IRD) had live winding-up proceedings against the company.…
NNew Zealand
Kiwifruit labour companies run by Ajaypal Singh in liquidation allegedly owing $57m in unpaid tax
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Kiwifruit labour companies run by Ajaypal Singh in liquidation allegedly owing $57m in unpaid tax

  • March 3, 2026
“It has been very stressful for me and my family,” Singh said, through an interpreter. Gurukirpa Contracting owed…
BBusiness
Auckland builder Teak Construction goes into liquidation after 34 years in business
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Auckland builder Teak Construction goes into liquidation after 34 years in business

  • March 2, 2026
That building has been marketed for sale lately. Its deadline sale closes on Thursday. The Victopia apartments, which…
BBusiness
Food4Less closes New Lynn, Auckland, supermarket after going into liquidation
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Food4Less closes New Lynn, Auckland, supermarket after going into liquidation

  • March 2, 2026
“Despite every effort, every long day, every late night and every attempt to find a path forward, we…
SSports
How Hills Real Estate traders made $5.4m by flipping 71 Auckland properties
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Hills Real Estate: With forced liquidation looming, flipping king Rickhil Prakash and staff joined new real estate firm

  • February 15, 2026
After the Herald sent questions, Wallace pulled personal profiles and for-sale listings by Prakash, Prasad and a third…
BBusiness
Mount Maunganui restaurant Fox’s Hawker House closes up, in liquidation
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Mount Maunganui restaurant Fox’s Hawker House closes up, in liquidation

  • February 3, 2026
Kerr said there were visibly fewer people on the street now. “People don’t dine out as much as…
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