{"id":314165,"date":"2026-03-05T11:05:08","date_gmt":"2026-03-05T11:05:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/314165\/"},"modified":"2026-03-05T11:05:08","modified_gmt":"2026-03-05T11:05:08","slug":"all-blacks-great-frank-bunces-tyre-business-put-into-liquidation","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/314165\/","title":{"rendered":"All Blacks great Frank Bunce\u2019s tyre business put into liquidation"},"content":{"rendered":"Tyremax is listed as having rights to all present and after acquired personal property, making it the highest-ranking secured creditor.<\/p>\n
At this stage, the only preferential claim relates to the Inland Revenue Department (IRD), which is owed $64,319 for claims of GST, PAYE and other penalties and interest.<\/p>\n
A further $13,957 is owed to the IRD under an unsecured claim, taking the total owed to the IRD at present to $78,276.<\/p>\n
Another $43,500 is owed to suppliers and other creditors, including Tyremax and Tyres Direct, taking the current total owed to creditors of all classes to $121,776.<\/p>\n
Reynolds said it was unknown whether any dividends would be paid to creditors, nor the estimated time for the liquidation to be completed.<\/p>\n
As for the Thames store itself, Reynolds told the Herald it was sold to a new owner prior to his appointment roughly one month ago.<\/p>\n
The new owner of the Thames store, as well as an employee of the Pukekohe location, confirmed that Bunce was now working at the Pukekohe store.<\/p>\n
However, the company which owned the Orizen Tyres store in Pukekohe was also recently in liquidation.<\/p>\n
Orizen Tyres Pukekohe had its liquidation wrapped up on February 24, with creditors left out of pocket for $139,819.70.<\/p>\n
It was owned by Roy and Elizabeth Rhodin, with Roy Rhodin the sole director.<\/p>\n
BDO liquidators Paul Manning and Thomas Rodewald said in their final liquidators\u2019 report that the business and its assets had been sold to a new owner, although it is unclear if Bunce has become the new owner.<\/p>\n
When contacted by the Herald, Bunce declined to comment.<\/p>\n
There are nine Orizen Tyre stores throughout the country, which are operated under a licensee model.<\/p>\n
Tom Raynel is a multimedia business journalist for the Herald, covering small business, retail and tourism.<\/p>\n
Stay ahead with the latest market moves, corporate updates, and economic insights by subscribing to our Business newsletter<\/a> \u2013 your essential weekly round-up of all the business news you need.<\/p>\n","protected":false},"excerpt":{"rendered":"Tyremax is listed as having rights to all present and after acquired personal property, making it the highest-ranking…\n","protected":false},"author":2,"featured_media":314166,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[24685,5263,1558,8136,170604,170603,138,26034,36341,16773,12620,296,3223,2739,130,111,139,69,26692,7497,21940,9214,7493,213,131,109558],"class_list":["post-314165","post","type-post","status-publish","format-standard","has-post-thumbnail","category-sports","tag-24685","tag-all","tag-been","tag-blacks","tag-bunce","tag-bunces","tag-business","tag-department","tag-frank","tag-great","tag-inland","tag-into","tag-legend","tag-liquidation","tag-more","tag-new-zealand","tag-newzealand","tag-nz","tag-owing","tag-owned","tag-placed","tag-put","tag-revenue","tag-sports","tag-than","tag-tyre"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/314165","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=314165"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/314165\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/314166"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=314165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=314165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=314165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}