{"id":449882,"date":"2026-05-28T18:54:09","date_gmt":"2026-05-28T18:54:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/449882\/"},"modified":"2026-05-28T18:54:09","modified_gmt":"2026-05-28T18:54:09","slug":"auckland-eatery-pikuniku-cafe-enters-liquidation-probe-to-determine-extent-of-fiscal-failure","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/449882\/","title":{"rendered":"Auckland eatery Pikuniku Cafe enters liquidation, probe to determine extent of fiscal failure"},"content":{"rendered":"

Companies Office records show Jeff Kim is the sole director and shareholder of the company.<\/p>\n

The Herald has contacted the company for comment.<\/p>\n

Last month, Auckland cafe and bar Verona<\/a> went into liquidation after 34 years in business.<\/p>\n

The hospitality industry recorded 399 liquidations in the 12 months to March 2026, an increase of 49% on the previous year, according to Centrix data.<\/p>\n

The past week has also seen the announcement that several other high-profile hospitality venues are set to close.<\/p>\n

The Grounds Eatery<\/a> \u2013 started by high-profile restaurateur and former My Kitchen Rules New Zealand judge Ben Bayly \u2013 will shut its doors at the end of the month.<\/p>\n

The restaurant was taken over by Rachel Johns in December 2023.<\/p>\n

And last week, Auckland waterfront restaurant Harbourside Ocean Bar Grill<\/a> announced it would close permanently on June 13, after opening in 1988.<\/p>\n

Owner Good Group Hospitality said the restaurant was \u201cno longer commercially viable\u201d.<\/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

+<\/p>\n","protected":false},"excerpt":{"rendered":"Companies Office records show Jeff Kim is the sole director and shareholder of the company. The Herald has…\n","protected":false},"author":2,"featured_media":449883,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[534,51,138,1882,8606,100586,54180,28167,158238,42343,37078,15557,2739,111,139,69,1118,229063,28758,78776,61],"class_list":["post-449882","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-amid","tag-auckland","tag-business","tag-cafe","tag-closures","tag-determine","tag-eatery","tag-enters","tag-extent","tag-failure","tag-fiscal","tag-hospitality","tag-liquidation","tag-new-zealand","tag-newzealand","tag-nz","tag-of","tag-pikuniku","tag-probe","tag-surging","tag-to"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/449882","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=449882"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/449882\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/449883"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=449882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=449882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=449882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}