{"id":247387,"date":"2026-01-23T06:25:07","date_gmt":"2026-01-23T06:25:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/247387\/"},"modified":"2026-01-23T06:25:07","modified_gmt":"2026-01-23T06:25:07","slug":"auckland-restaurant-jadetown-uyghur-cuisine-closing-its-mt-eden-premises-amid-liquidation","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/247387\/","title":{"rendered":"Auckland restaurant Jadetown Uyghur Cuisine closing its Mt Eden premises amid liquidation"},"content":{"rendered":"<p class=\"AaByrilogD\" style=\"display:none\">A preferential claim from Inland Revenue of $60,000 is owed.<\/p>\n<p class=\"AaByrilogD\" style=\"display:none\">Unsecured creditors are owed $40,000.<\/p>\n<p class=\"AaByrilogD\" style=\"display:none\">The company has an estimated $10,507 in plant and equipment to be sold in the liquidation.<\/p>\n<p class=\"AaByrilogD\" style=\"display:none\">Companies Office records show Eric Ibrahim is the sole director and shareholder of Watan Ltd.<\/p>\n<p class=\"AaByrilogD\" style=\"display:none\">According to its website, Jadetown Uyghur Cuisine\u2019s Mt Eden restaurant was opened in 2015, offering authentic Uyghur dishes inspired by Central Asian flavours.<\/p>\n<p class=\"AaByrilogD\" style=\"display:none\">A second restaurant was opened in Albany in 2024, which remains in operation.<\/p>\n<p class=\"AaByrilogD\" style=\"display:none\">The hospitality industry has been particularly hard hit by liquidations in the past year, accounting for the second-highest amount (318) in the 12 months to October 2025, according to Centrix data.<\/p>\n<p class=\"AaByrilogD\" style=\"display:none\">A Restaurant Association report showed national hospitality sales for the third quarter of 2025 grew 5.9% year on year to reach $4.05 billion.<\/p>\n<p class=\"AaByrilogD\" style=\"display:none\">But the improvement in revenue growth had not translated into proportional margin improvement, with cost pressures remaining \u201celevated\u201d, the report said.<\/p>\n","protected":false},"excerpt":{"rendered":"A preferential claim from Inland Revenue of $60,000 is owed. Unsecured creditors are owed $40,000. The company has&hellip;\n","protected":false},"author":2,"featured_media":247388,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[74,534,51,138,6789,37559,8142,22220,296,302,144334,2739,10048,111,139,69,75859,2539,1961,144335,686],"class_list":["post-247387","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-after","tag-amid","tag-auckland","tag-business","tag-closing","tag-cuisine","tag-eden","tag-going","tag-into","tag-its","tag-jadetown","tag-liquidation","tag-mt","tag-new-zealand","tag-newzealand","tag-nz","tag-premises","tag-restaurant","tag-this","tag-uyghur","tag-week"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/247387","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=247387"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/247387\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/247388"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=247387"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=247387"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=247387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}