The largest amount owing is $2.1m to a shareholder current account. <\/p>\n
Companies Office records show Shannon Thorpe is the sole director and largest shareholder (86.21%) of Wellington Beverage Co. Antico Street Brewing Ltd \u2013 which is owned by Dale Cooper and Angela Christie \u2013 holds the remaining 13.79% shares.<\/p>\n
The company also owes $196,246 in an unsecured loan and $15,651 in unsecured employees\u2019 outstanding leave entitlements.<\/p>\n
The liquidators said the company has assets of $111,342, but withheld the value of the brand so as not to prejudice a potential sales process.<\/p>\n
Creditors include ASB Lion NZ; Hancocks Wine, Spirit and Beer Merchants, Coca-Cola Amatil (NZ); and Bidfood. <\/p>\n
Fortune Favours has brewed over 500 unique varieties, including New Zealand\u2019s strongest beer, the 31% ABV \u201cHyper Fuel\u201d.<\/p>\n
The brewery also won the Top Praised Beer at Wellington\u2019s Beervana event in 2025 for its Wairarapa IPA.<\/p>\n
Company liquidations remain on track to surpass those of last year in what has been another difficult year for businesses.<\/p>\n
Through the first 10 months of the year, 2278 companies have been liquidated, Companies Office records show.<\/p>\n
There were 2500 liquidations in 2024.<\/p>\n","protected":false},"excerpt":{"rendered":"The largest amount owing is $2.1m to a shareholder current account. Companies Office records show Shannon Thorpe is…\n","protected":false},"author":2,"featured_media":139402,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[95,642,48708,138,5201,94853,81346,19724,185,42583,300,3025,111,139,69,26693,10903,40123,39157,14907,1529,52,15900,1299,4276],"class_list":["post-139401","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-and","tag-august","tag-breweries","tag-business","tag-closed","tag-favours","tag-fortune","tag-given","tag-is","tag-liquidator","tag-money","tag-most","tag-new-zealand","tag-newzealand","tag-nz","tag-owed","tag-popular","tag-pub","tag-reasons","tag-successful","tag-three","tag-wellington","tag-wellingtons","tag-who","tag-why"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/139401","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=139401"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/139401\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/139402"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=139401"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=139401"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=139401"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}