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Browsing Tag

owing

11 posts
BBusiness
Long-standing Napier massage studio closes owing almost $200,000 in taxes
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Long-standing Napier massage studio closes owing almost $200,000 in taxes

  • November 30, 2025
It is understood to have been shut for weeks. Hawke’s Bay Today has contacted the owner for comment.…
BBusiness
School uniform firm Sportclub collapses owing $1.5m to IRD, BNZ, NZRL
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School uniform firm Sportclub collapses owing $1.5m to IRD, BNZ, NZRL

  • November 26, 2025
Liquidators detailed total assets valued at $22,086 at the time of the first report, with $21,192 in vehicles…
BBusiness
Pukekohe woman Haitelenisia Kaumavae sentenced to home detention for $1.5m tax evasion
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Two Tairāwhiti-based businesses enter liquidation, allegedly owing hundreds of thousands in tax

  • November 15, 2025
The only creditor listed is IRD, which is claiming $158,324.58 as a preferential unsecured creditor and $333,920.54 as…
BBusiness
Plant-based food firm Grater Goods goes into liquidation with debts owed to ASB Bank and Inland Revenue
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Plant-based food firm Grater Goods goes into liquidation with debts owed to ASB Bank and Inland Revenue

  • November 13, 2025
After seeking professional advice, Grater decided to put the company into voluntary liquidation. It had 11 shareholders at…
BBusiness
Company behind two Stirling Sports Christchurch stores in liquidation owing $760k
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Company behind two Stirling Sports Christchurch stores in liquidation owing $760k

  • November 3, 2025
There are currently eight Stirling Sport stores up for sale. The Stirling Sports Northlands store is up for…
NNew Zealand
GrabOne in liquidation owing creditors more than $16.5 million
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GrabOne in liquidation owing creditors more than $16.5 million

  • October 23, 2025
Preferential creditors are owed $518,531, which includes employee entitlements of $365,278 and $153,253 owing to Inland Revenue. Unsecured…
IInternet
Starlink rise and spectrum delays blamed as rural internet provider Evolution Networks goes into liquidation
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Starlink rise and spectrum delays blamed as rural internet provider Evolution Networks goes into liquidation

  • October 16, 2025
Manning told the Herald: “We have advertised the business for sale as a going concern. All interested parties…
BBusiness
$20m+ Auckland property failure: Development boss speaks out on what went wrong
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$20m+ Auckland property failure: Development boss speaks out on what went wrong

  • October 14, 2025
Those problems included: Defaults on settlements by pre-purchasers;Delays getting council inspections completed; Hold-ups achieving code compliance certificates;Delays on…
BBusiness
$20m+ Auckland property failure: Creditors of six companies named
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$20m+ Auckland property failure: Creditors of six companies named

  • October 13, 2025
The other companies, owned by the same shareholders and directors, are also in liquidation, taking the full tally…
BBusiness
Cherri Global collapse: Govt revealed as biggest external creditor
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Cherri Global collapse: Govt revealed as biggest external creditor

  • October 10, 2025
Now six months into the liquidation, Sprosen and White have confirmed that the companies owe a combined $42.92m.…
NNew Zealand
Hawke’s Bay: Rates arrears concern in Wairoa as amount owing doubles in one year
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Hawke’s Bay: Rates arrears concern in Wairoa as amount owing doubles in one year

  • September 17, 2025
“Wairoa people are struggling in the aftermath of Cyclone Gabrielle and the flooding that resulted from the bar…
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