Archive | 2002

U: The names behind the action, week to 4 August 2002

Names, connections, 2+2

This page contains a mixture of property and other information, company formation, the down side of business, market bits & pieces, probably fairly cryptic and rushed.

The weekly Snapshots tend to contain formal information, while other stories on the website are generally structured. U will contain snippets, less often from formal sources, maybe unstructured and incomplete.

1 August 2002

Wincott Holdings Ltd (Lynn Turner, of the Sleepyhead Bedding Co family) was wound up on Inland Revenue’s application. Steve Lawrence & Brendon Gibson (Ferrier Hodgson) were appointed liquidators.

Lightbox Productions Ltd (George Kohlap, also Owl Press Ltd, & David Whorwood, also Massive Films Ltd and RGB Ltd) was wound up on Inland Revenue’s application. Richard Agnew & Vivian Fatupaito (PricewaterhouseCoopers) were appointed liquidators.

Whangapoua Properties Ltd (Rochelle Longworth, a director of several companies, including Wainuiototo Bay Property Co Ltd & Pungapunga Developments Ltd) settled with Andrew Klaassen & others, and their application to wind the company up was struck out.

DMB Entertainment Ltd (Hugh McIver, also director of Fubu NZ Ltd, which was wound up in April, K-1 NZ Ltd, DMB Management Ltd & HRM Properties Ltd) had the application of AMP NZ Property Retail Ltd, a substituting creditor, adjourned to Thursday 5 September at 10am for settlement.

Flowmotion Pipeline Solutions Ltd (Matson Broederlow, also director of Network Construction/Leasing Ltd, Trenchless Technology NZ Ltd, and previously of Transaction Logic Corp Ltd) had the application of Steelpipe NZ Ltd (McConnell Group) to wind it up adjourned to Thursday 5 September at 10am for settlement. The receivers appointed to Flowmotion on 2 July, Alison Sarginson & Mark Heslop (McCallum Petterson), are negotiating for the release of more than $200,000 of retentions.

Associated Insulation Materials Ltd’s application to wind up Circuit Graphix Ltd (Alfonso Liguori) will go to a High Court fixture on Thursday 5 September at 10am. Circuit Graphix’ application for a stay of proceedings will also be heard that day. Liguori company 360 Church Street Ltd went into voluntary liquidation in May, just ahead of an application by North Shore City Council for court-ordered liquidation. John Buchanan (JR Buchanan & Associates Ltd) was appointed liquidator. The same performance, of a voluntary liquidation the day before a court liquidation, occurred in April with Mr Liguori’s Central Trading Services Ltd. Mr Buchanan is also liquidator of that company. Other Liguori companies include George Court & Sons Ltd, Gilmer Properties Ltd, Mega-Store Holdings Ltd, Quadrant Technology Ltd, Cardex Systems Ltd & Onyx Construction Ltd. Mr Liguori was bankrupted in 1991 after fighting it off for 3 years. At that time his debts, including mounting interest, totalled $26 million.

Visual Group Ltd (Brent Perry, Takapuna, also director of Formula Boats NZ Ltd, Scope Holdings/Investments Ltd, and First Watch Holdings Ltd) was wound up on the application of Robert Lerner (Dermo Film Distributors Ltd and MV Celebre Ltd) & John Radley (Ellis Gould solicitor). Jeff Meltzer & Karen Mason (Meltzer Mason Heath) were appointed liquidators.

A1 Electrical Enterprises Ltd (Tony Mitchell) was wound up on Redeal Ltd’s application. Peter & Catherine Jollands were appointed liquidators.

Ibiza & Isobar Restaurants Ltd (Warren & Anne Turley) was wound up on Inland Revenue’s application. Richard Agnew & Vivian Fatupaito (PricewaterhouseCoopers) were appointed liquidators. The company is in receivership. Mr Turley is also director of Hemmingway’s Bar Ltd.

J&P Painting & Decorating Ltd (Joanne & Peter Scholes; Mr Scholes is also director of Premier Decorating Services Ltd) was wound up on Inland Revenue’s application. Richard Agnew & Vivian Fatupaito (PricewaterhouseCoopers) were appointed liquidators.

Zenith Scaffolding Ltd (Graeme Nimmo, also director of Pyramid Paving Ltd, & Wayne Nimmo, also director of D&W Scaffolding Ltd) was wound up on the Accident Compensation Corp’s application. Alison Sarginson & KG Palmer (McCallum Petterson) were appointed liquidators.

Bryco CA Ltd (Peter & Bruce Bryant) and Rycobra Ltd (High St solicitor Brian Ellis & David Shaida) were still in dispute when they got to court, after Rycobra put itself into liquidation. Bryco’s application to wind Rycobra up was adjourned to Thursday 5 September at 10.45am so Bryco could consider the validity of the liquidator’s appointment. Mr Shaida’s other companies include Aotearoa Wines Ltd, Halal Food Supplies Ltd and Brownridge Associates NZ Ltd.

DFL Ltd (David Gray Nathan, director of numerous companies, including Retail Apparel Group Ltd and Dress For Less Ltd, which is in liquidation) went into voluntary liquidation last week, ahead of an application by Arthur Barnett Ltd to wind it up. Karen Mason & Jeff Meltzer (Meltzer Mason Heath) were appointed liquidators.

Benchmark Building Supplies Ltd withdrew its application to wind up AM Homes Ltd (Anthony Pirini, Papakura, company incorporated in January).

Henderson Installations Ltd (James Henderson, Mangere Bridge, also director of Hammer Properties Ltd) was wound up on the application of Fletcher Steel Ltd. The Official Assignee was appointed liquidator.

PFS 2002 Ltd (John Pin, also director of Paramount Financial Services Ltd, Central Park Interactive Ltd and several other companies) settled with Steven Marshall Building Supplies Ltd (trading as Placemakers) and the application to wind PFS up was withdrawn.

South Pacific Hospitality Ltd (Trevor Mason, Wilson Neill Corp Ltd) appointed John Cregten & Steve Tietjens (Corporate Finance Ltd) as receivers & managers of the company on 20 June, under a debenture dated 26 April 2001, in addition to their appointment on 4 April, under a debenture dated 20 September.

Esther Kamini Samuel was appointed liquidator of Peacock AK No 1/No 2 Ltd (insolvency practitioner Raymond Burgess director of both companies) on 25 July. Creditors must file claims by Friday 30 August.

25 July 2002 liquidation list

Exotic Building Supplies Ltd’s application to wind up Betta Building Ltd (Wayne Smith, Hillsborough) was adjourned to Thursday 22 August at 10am.

CSR Building Materials NZ Ltd’s application to wind up S&R Trading Ltd (formerly Genesis Homes Manurewa Ltd) was adjourned to Thursday 15 August at 10am. S&R directors are Stuart Brauninger (also Tasman Pacific Residential Ltd, Sunset Finance Ltd, Sapphire Homes Ltd, among other companies), Richard Alder (Alpha Pacific Holdings Ltd, Home-Master Ltd) & Raymond Bull. (Click here for previous story.)

Commercial Factors Ltd’s application to wind up Chapperal Farms Ltd (Kevin Thompson) was struck out after settlement was made in full.

Harts Contributory Mortgages Ltd (director for the past month David Koni, which is about to change after a Securities Commission ruling) was wound up on Inland Revenue’s application. Gerard Hulst was appointed liquidator.

B&H Construction Ltd (Graham Bishop & Murray Hickson) was wound up on Inland Revenue’s application. Steve Lawrence & Brendon Gibson (Ferrier Hodgson) were appointed liquidators. Mr Hickson is also a director of Lanson Construction Ltd, which he formed last October with Christopher Lane.

NZ Debt Repay Ltd (Richard Essex) was wound up on Inland Revenue’s application. Steve Lawrence & Brendon Gibson (Ferrier Hodgson) were appointed liquidators. TSB Bank Ltd issued a Property Law Act notice against Mr Essex in May for $360,632.49 owed on a mortgage, plus rates arrears on 3 properties at 88 Hillside Cres, Mt Wellington, and 4 Finlayson Ave & 39 Burundi Ave, Manurewa.

SE Adal Construction Ltd (Kai Surasinepo, Ellerslie) was wound up on Inland Revenue’s application. Vivian Fatupaito & Richard Agnew (PricewaterhouseCoopers) were appointed liquidators.

R Roberts Roofing Ltd (Raymond Roberts; the company was struck off the Companies Register in August 2000) was wound up on Inland Revenue’s application. Steve Lawrence & Brendon Gibson (Ferrier Hodgson) were appointed liquidators.

V Contracting Ltd (as sole trustee of the V Contracting Trading Trust; director is Sam Va’afusu, Manurewa) was wound up on Inland Revenue’s application. Steve Lawrence & Brendon Gibson (Ferrier Hodgson) were appointed liquidators.

Inland Revenue’s application to wind up Botany Developments Ltd (Robin Eade & Noel Rogers, also Botany Properties Ltd and Focus Real Estate Management Ltd; Mr Rogers is also director of Taniwha Fairway Trustco Ltd, which he & Judith Rogers formed on 8 July) was adjourned to Thursday 22 August at 10am after Mr Rogers told the court the matter had just come to his attention, and he didn’t know if the company owed the tax.

Inland Revenue’s application to wind up Paintech Decorators Ltd (Daniel McGarry, also Cavan James Properties Ltd and Alphalaying Enterprises Ltd, & Michael Montgomery) was struck out after settlement.

Sanco NZ Ltd’s application to wind up Advanced Kitchens NZ Ltd (Sukhdev Singh Kalsi, Manukau) was struck out after a settlement arrangement was entered into.

NZ Cashflow Services Ltd’s application to wind up GT Enterprises Ltd (Terence Moon) was adjourned to Thursday 15 August at 10.45am for settlement to be completed.

Rapid Metal Developments NZ Ltd’s application to wind up Roseneath Properties Ltd (Stephen Kelly, also Southern Hemisphere Land & Property Investments Ltd, Central Strata Management Ltd, Grafton Ridge Ltd, New Oakland Properties Ltd, RAM Securities Ltd, Contributory Mortgage Investments Ltd and Contributory Mortgage Nominees Ltd) was withdrawn after settlement.

The Bank of New Zealand’s application to wind up Earthmoving Consultants Ltd (Brent Thompson) was adjourned to Thursday 22 August for a hearing. W Stevenson & Sons Ltd also has an application lodged to wind up Earthmoving Consultants, set down for hearing on Thursday 8 August.

Networks Direct Ltd (Neil Taylor) went into voluntary liquidation ahead of an application by Adrian Pearce to wind it up. Liquidators are Meltzer Mason Heath.

AT&T Global Network Services International’s application to wind up The Atlantis Group Ltd (Sarah Morley & Michael Whittaker) was adjourned to Thursday 19 September at 10.45am for settlement. Mr Whittaker is also director of Banyan/Fambrick/North Peak Properties Ltd, Zilch International Marketing Ltd, Sienna Investments Ltd and Visible Results Ltd among other companies. Ms Morley is also director of Paragon Investments Ltd and Whitley Holdings Ltd, and was a director of Atlantis Marketing Ltd, North Peak and Sienna.

Pacific Interactive Ltd (Cedric Spencer, also PC Game/Gear Ltd) was wound up on the application of Westpac Banking Corp. Grant Graham & Steve Lawrence (Ferrier Hodgson) were appointed liquidators.

Plumb-It-Rite Ltd’s application to wind up Metro Construction Ltd (renamed Capri Homes Ltd; director Brenton Linnell) was adjourned to Thursday 22 August for settlement.

Jacobsen Creative Surfaces Ltd’s application to wind up Pars Ceramic Tiles Ltd (Manuchehr Riahi Dehkordi) was adjourned to Thursday 15 August at 10.45am for settlement to be completed.

7 F Ltd, trading as Eskay Security (Stephen Fowler, Birkenhead) went into voluntary liquidation ahead of an application by Security Merchants Ltd to wind it up.

Works Infrastructure Ltd’s application to wind up Nationwide Traffic Management Ltd (Gary Hyndman & Charlie Ratcliffe, also Siterite Ltd and Infotech Management Corp Ltd) was adjourned to Thursday 19 September at 10.45am for settlement to be completed.

Care Scaffolding Ltd (Michael Care, also Care Contractors Ltd, already in liquidation) was wound up on Inland Revenue’s application. Steve Lawrence & Brendon Gibson (Ferrier Hodgson) were appointed liquidators.

327 Adelaide Road Ltd (Symon Peters of the collapsed Citywise Group) was wound up on Inland Revenue’s application. Gerard Hulst (Gerard Hulst & Associates) was appointed liquidator.

Jomandi Aluminium Ltd (already struck off the Companies Register; director John Mandingiado, Henderson) was wound up on Inland Revenue’s application. Steve Lawrence & Brendon Gibson (Ferrier Hodgson) were appointed liquidators.

Counties Contractors Ltd (Lloyd Kiel, also Raglan Hire Centre Ltd, incorporated in January) was wound up on Inland Revenue’s application. Gerard Hulst (Gerard Hulst & Associates) was appointed liquidator.

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U: The names behind the action, week to 15 December 2002

Names, connections, 2+2

This page contains a mixture of property and other information, company formation, the down side of business, market bits & pieces, probably fairly cryptic and rushed.

The weekly Snapshots tend to contain formal information, while other stories on the website are generally structured. U will contain snippets, less often from formal sources, maybe unstructured and incomplete.

13 December 2002

5 of John Ede’s companies have been placed in receivership — under 2 separate receivers, to make it a little more interesting — and 1 faces an application to liquidate it. National Mortgage Nominee Co Ltd called in Anthony McCullagh (Horwath Corporate Auckland Ltd) on 4 December as receiver of St Clair Park Ltd, Ede Investments Ltd, Dimension Group of Companies Ltd and Dimension Kitchens Ltd, and on 10 December Michael Stiassny & Grant Graham (Ferrier Hodgson) were appointed receivers of Ede Investments, Dimension Kitchens and Dimension Furniture Ltd. Donald Advertising Ltd applied on 27 November to wind up Dimension Group of Companies Ltd. The application will be heard in the Auckland High Court on Thursday 30 January at 10am. Other Ede companies are St Clair Park Management Ltd, Ambrico Group Ltd, Interlink Commercial Interiors (Auckland) Ltd, Ede Bloodstock Ltd, Neilson 249 Ltd, Dimension Finance Ltd, 435 Khyber Ltd, 182 McLeod Ltd and Seleni Group Ltd. Seleni was incorporated on 3 December.

Ken Whaley was appointed on 2 December as liquidator of Martino Holdings Ltd and Standard Investments Ltd (Kevin & Antony Jones, Birkenhead). Another of their companies, Tivoli Investments Ltd, is also in liquidation. Both men are directors of Ibis Securities Ltd and Richworth Investments Ltd, Kevin Jones is also director of Leybourne Holdings Ltd and Esplanade One Ltd, and Antony Jones is also director of Cordella Properties Ltd (incorporated on 27 November).

12 December 2002

All items listed below on today’s section of the U column are from the liquidations list of the Auckland High Court, conducted by Master Graham Lang. The court’s liquidations list next week, 19 December, will be the last for the year. The High Court resumes most of its activities in February, but there is a liquidations list on Thursday 30 January. The following week’s is on Wednesday 5 February.

Inspiration Furniture & Joinery Ltd (John Peter Percival) settled with debt collector NZ Cashflow Services Ltd, which withdrew is liquidation application. A previous company at the same Onehunga address, Inspiration Furniture Ltd, was struck off the Companies Register in January 2001.

Leda Construction Ltd (Chris de Lautour, 171 Target Rd, Glenfield) went into voluntary liquidation on 11 December, appointing Curtis Mountfort as liquidator, as it faced an application from Trevor Cockburn Building Supplies Ltd, trading as Placemakers Dunedin, to wind it up. Mr de Lautour has recently resigned from most of his companies — Leda Construction SI Ltd (renamed Vitazap Ltd on 4 December), Leda Group Ltd, The Home Group Ltd, Collection Corp Ltd, Aspect Developments Ltd, Leda Developments Ltd, Home Loans NZ Ltd, Nok Projects Ltd, Palmtree Properties Ltd, De Lautour & Co Ltd (accountancy firm), Property Strategies Ltd, Princeton Homes Ltd, Prime Group Ltd, Insolvency Solutions Ltd, Peninsula Orchards Ltd, Retirement Residential Ltd, Complete Homes Ltd, Base Capital Partners Ltd, Ezy-Buy Homes Ltd, Woodhill Orchard Ltd, NZ/South Pacific Import Export Corp Ltd and Private Equity Partners Ltd. He remains a director of New Homes Ltd and Glenfield Orchard Ltd. Miles Bernard de Lautour has stepped in as director of the others, on top of several of his, all still at the same Target Rd, Glenfield, address.

Westpac Banking Corp’s application to wind up Accure Developments Ltd was adjourned to Thursday 19 December at 10am to verify whether the company had put itself into liquidation.

Allied Work Force Ltd has still to advertise its application to wind up Dallas Construction Ltd (David Tharp, Te Atatu, also Dallas Concrete Ltd, struck off the Companies Register on 6 July, Conmac Holdings Ltd, Smart Builders Ltd, Boise Holdings Ltd and Westside Habitats Ltd, and formerly of Masonry Homes Ltd), but got a courtroom fixture to argue the merits of its case on Tuesday 4 February at 2.15pm.

Stuart Jackson put another of his companies, Jackson Construction Ltd, into liquidation on 9 December (it was formed only in March 2001), ahead of Westpac Banking Corp’s application to wind it up in court today. Next in line on the court list, Mr Jackson’s Budget Homes Ltd, is in settlement negotiations with the bank and the application to wind it up was adjourned to Thursday 19 December at 10am to confirm the settlement. An advance from Bridgecorp Finance Ltd is being negotiated. Mr Jackson’s Langana Construction Ltd (incorporated on 1 February) went into voluntary liquidation on 13 November after settling with 1 creditor but facing a combined action on 14 November by 7 others to wind it up. Mr Jackson has numerous other companies, including Exclusive Developments Ltd, various Lifestyle and Jackson companies, Fulham Holdings Ltd, Bassett Properties Ltd, and Jackson Property Group Ltd, which was also formed in February. Curtis Mountfort (Mountfort & Associates) was appointed liquidator of Langana. Creditors of that company must file claims by Wednesday 18 December. Mr Mountfort is also liquidator of Jackson Construction.

Claxton Homes Ltd (Kerry Christian, also Claxton Holdings Ltd, Bellingham Holdings Ltd, Bill & Ben’s NZ Ltd, KVC Holdings Ltd and formerly of Living Earth Gardens Ltd) settled with Wilton Joubert Ltd and the application to wind up Claxton was withdrawn.

Catrona Enterprises Ltd (Kevin Andersen, also Eaglehurst Holdings Ltd, Winslow Group/Developments/Properties Ltd, Prima Properties Ltd, Icon Property Developments Ltd, Urban Developments Ltd, Ulster Properties Ltd, Marsden Villas Ltd, Civil Works Ltd and Arias Group Ltd, and formerly Cavella Systems Ltd, Dryton Holdings Ltd, Armijo Investments Ltd and St George Management Ltd) has put a settlement proposal to Inland Revenue and got the IRD’s liquidation application adjourned to Thursday 13 February at 10am.

Inland Revenue’s application to wind up SP Publishing Ltd (Peter Ian Dey & Shane Goodson, also Registered Publishing Ltd and NZRegister.co.nz Ltd) was adjourned to Thursday 13 February at 10am for settlement to be completed. Mr Dey, who claimed long ago to be no relation of mine, is also director of PKL Publishing Ltd, in liquidation. Mr Goodson was formerly a director of Japan Motor Trade Directory Ltd, which is in liquidation and in the hands of Ken Ralston & Graham Collie, along with 3 other printing companies he used to run, now known as Jake Holdings 2/6/7 Ltd.

RW Peters Contractors Ltd (Ray & Helen Peters, Orewa) was wound up on Inland Revenue’s application. David Davidson & Vivian Fatupaito (PricewaterhouseCoopers) were appointed liquidators.

SK Tau Builders Ltd (Steve Tau, Clendon) was wound up on Inland Revenue’s application. David Davidson & Vivian Fatupaito (PricewaterhouseCoopers) were appointed liquidators.

Leftfield Sports Café Ltd (George Evangelidakis of Mad Greek Investments Ltd and The Prawn Shack Ltd, & David Todd) went out with a whimper today, presenting no opposition to Inland Revenue’s application to wind it up. The café company went into receivership in July, vacating its Princes Wharf bar. Gerald Hulst was appointed liquidator.

Eaglehawk NZ Ltd (North Harbour industrial estate; director John Morgan Edwin Percival, also Artos Investments Ltd) was wound up on Leasing Solutions Ltd’s application. The Official Assignee in Auckland was appointed liquidator.

Paisley Painting & Sandblasting Ltd (Teresa Daly, Drury, also Daly Trust Administration Ltd and Aspect Sandblast & Paint Ltd) was headed for settlement with Hirepool Ltd, outside the courtroom, as Master Lang completed his liquidations lists. I expected a settlement adjournment to be arranged.

Inland Revenue withdrew its application to wind up J&T Contractors Ltd (Tracey Christie, East Tamaki) after settlement.

Car-lease company Affordable Commercial Rentals Ltd (John McDonald) won an adjournment to Thursday 13 March at 10.45am to enable it to liquidate assets & settle with Inland Revenue. The company has a fleet of 70 cars.

Club Havana Ltd (1 of 2 of Mariano Fernandez’s companies placed in receivership on 8 July, with Keith Palmer & Alison Sarginson (Wellington & Auckland offices of McCallum Petterson) appointed receivers/managers) was wound up over a $5500 debt to Inland Revenue. The other conpany in receivership is Advance International Wine & Liquor Merchants Ltd. Mr Fernandez has a third company, Advance International Marketing NZ Ltd, not in receivership. He resigned from Ibiza Ltd, formed in August.

Inland Revenue withdrew its application to wind up McGall Plumbing Ltd (John & Tracey McGall, Manukau) after settlement.

11 December 2002

Ministry of Economic Development (Companies Office) investigating accountant John McPherson goes to court in Rotorua next Monday to put FF Traders Ltd (directors former All Black Steven Pokere & Phyllis Mareroa) into liquidation. I understand the company was the forerunner to similar prime bank instrument operators Lakeland Wealth Creators Ltd and Wespap Ltd, whose advertising was banned by the Securities Commission in September. Interim liquidators were appointed to those 2 companies then, and they were placed in liquidation in October. FF Traders was struck off the Companies Register on 14 August. The application to liquidate it will be heard in the Rotorua High Court on Monday 16 December at 10.45am.
Click for more details

Jeff Meltzer, as liquidator of Holiday Marketing International NZ Ltd (Brian Morgan & Dwayne Hill), applied on 18 November to wind up Daicorp Financial Services Ltd (Mark Rowlands & Terence McGinty; Mr Morgan was a former director; company formed on 2 May). The application will be heard in the Auckland High Court on Thursday 13 February at 10am. HMI was wound up on 25 June. It was the marketing arm of Worldwide Resorts NZ, Worldwide Resorts Club of NZ Inc and HMI Property Holdings Ltd. The Commerce Commission’s website carries a report dated 31 May, that HMI was fined $17,500 in the Auckland District Court for getting its telemarketers and street presenters to invite people to a travel show when the company was actually selling timeshare rights. I understand Mr Hill was previously touting timeshare in Germany and Mr Morgan may have moved on to Mexico.

Venture Homes Ltd (John Peter Dobson, Coatesville, also Ferrobuild Industries Ltd, Harbour Heights Ltd, Central Plant Hire Ltd, Venture East Ltd, Cruz Ltd and Coatesville Grazing & Riding Centre Ltd; Forefront NZ Ltd and Greenfields Village Developments Ltd with John Holmes; Westbrook Heights Ltd and Westbrook Development Ltd, both in liquidation, and Westbrook Homes Ltd with Lindsay Ellery & John McKittrick) went into voluntary liquidation on 4 December, appointing John Vague & Trevor Whitfield liquidators. Creditors must file claims by Friday 14 February. Inland Revenue applied on 31 October to wind up the company and had just advertised the hearing, in the Auckland High Court on Thursday 19 December.

Birchwood Farm Holdings Ltd and Birchwood Investments Ltd (Alistair Austin) went into liquidation on 3 December, appointing Raymond Burgess as liquidator. Creditors must file claims by Friday 17 January. Mr Austin is also director of Alistair Austin & Associates Ltd (renamed Elderley Management Services Ltd on 7 November), Oak Park Holdings Ltd, Wattle Downs Holdings/2000 Ltd, Lady Joy 2000 Ltd, Springvale Manor Ltd, 85 Beach Rd Ltd, Westlake 2002 Ltd and Belmont 2002 Ltd, plus a few others. Mr Austin was formerly a director of 14 Dewhurst Place Ltd (other directors Gregory Robbins, Ian & Ronald Singleton), 1 of 4 companies at the centre of allegations of poor lending practices at contributory mortgage lender Reeves Moses Hudig Mortgage Brokers Ltd.

Makerite Builders Ltd (Alyisa Miller-Kelley), in liquidation (liquidators Paul McCormick & Neil Donnell of Grant Thornton), will be struck off the Companies Register if there are no objections by Wednesday 15 January. The company was formed in January 2001.

ADP Industries Ltd (originally called Air Driven Pumps NZ Ltd when it was set up in 1977, company now in receivership; directors David Dickey, also of Christchurch/Auckland Valve & Fitting Co Ltd, Aero Engines Ltd, Maika Ltd and Fluid System Technologies NZ Ltd, & Nicholas Fisher, also of Aero Engines, Sentinel Trustee Co Ltd, Fisher Lamberg Trustee Services Ltd, Buffalo Trust NZ Ltd, Easylaw Ltd, Two-way Co-operation Ltd and Auckland Independent Television Services Ltd, formerly of several companies including David Henderson’s Kitchener Investments Ltd and Derrick Hurst’s Connaught Investments Ltd) was wound up in the Auckland High Court on 5 December on MGE Engineering Ltd’s application. Ian Shephard & Christine Dunphy (Howard Shephard, Paraparaumu Beach) were appointed liquidators.

Inland Revenue applied on 15 October to wind up DRI Ltd (formerly 69 Design Ltd; director Eric
Johnson, also NAE Building Ltd, Silcrete Ltd, Future Vision NZ Ltd, Treble Eight Ltd, RRD Ltd, Think Tank NZ Ltd, Mordtec Ltd and Mordfloc Ltd). The application will be heard in the Auckland High Court on Thursday 19 December at 10am.

Inland Revenue applied on 4 November to wind up National Alarms Ltd (Andrea Smedley). The application will be heard in the Auckland High Court on Thursday 19 December at 10am.

Inland Revenue applied on 12 November to wind up Coastal Landscaping Ltd (Kenneth Grant Hopper). The application will be heard in the Auckland High Court on Thursday 19 December at 10.45am.

The Auckland Regional Council and Auckland Regional Transport Network Ltd (ARTNL), the company owned by the 6 councils responsible for the region’s rail corridor network, have jointly appointed Elena Trout as their rail project director. She will take up her position early next year. Mrs Trout was most recently group manager at Serco Group NZ Ltd’s Serco Professional Solutions. She has also worked as an independent consultant in the transport industry and was Serco’s project manager for the Albany-Puhoi (Alpurt) motorway project.

9 December 2002

Phillip Joe, director of Orient NZ Property (Victoria St) Ltd, which owns the former AGC building and wants to turn it into accommodation, has been appointed an independent director of listed company Cadmus Technology Ltd. He’s also a director of Futurus Group/Management/Advanced Systems & Technology Ltd.

Grant Kirby, former Auckland City Council director, its 1990s Britomart project director, Rodney District commissioner in 2000-01 and recently retired from his term as Government-appointed Auckland transport advocate, has been appointed director of the joint Auckland/Manukau City Councils & Transit NZ project to plan new transport facilities between the Auckland central business district & Manukau (the eastern corridor project). His appointment is for 2 years.

Nicole Humphries has moved from managing the Property Council’s research & information to become associate manager, corporate services, for Bayleys Real Estate. Working with Bayleys’ corporate services manager, Brett Whalley, she will be responsible for liaison with Bayleys’ international alliance partner Cushman & Wakefield, and for working nationally with corporate clients.

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U: The names behind the action, week to 20 October 2002

Names, connections, 2+2

This page contains a mixture of property and other information, company formation, the down side of business, market bits & pieces, probably fairly cryptic and rushed.

The weekly Snapshots tend to contain formal information, while other stories on the website are generally structured. U will contain snippets, less often from formal sources, maybe unstructured and incomplete.

17 October 2002

The application of Right Point Investments Ltd (in liquidation; Liu Fen Ching of Taiwan & Roy Mottram) to wind up Tasman Merchant Venture Ltd (Mr Mottram) was struck out in the Auckland High Court today after settlement.

Telecom NZ Ltd’s application to wind up Cellphone Warehouse NZ Ltd (Murray Yee, also Cellular Systems Rentals Ltd) was struck out in the Auckland High Court today after settlement.

CSR Building Materials NZ Ltd’s application to wind up Moore Living Ltd

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U: The names behind the action, week to 22 September 2002

Names, connections, 2+2

This page contains a mixture of property and other information, company formation, the down side of business, market bits & pieces, probably fairly cryptic and rushed.

The weekly Snapshots tend to contain formal information, while other stories on the website are generally structured. U will contain snippets, less often from formal sources, maybe unstructured and incomplete.

19 September 2002

Auckland Cellular Ltd (Melissa Humphrys, also Fast Freight Ltd), struck off the Companies Register on 10 September, was wound up in the Auckland High Court today, with the Official Assignee appointed liquidator.

CSR Building Materials NZ Ltd withdrew its application to wind up S&R Trading Ltd (formerly Genesis Homes Manurewa Ltd; directors Stuart Brauninger, also Tasman Pacific Residential Ltd, Sunset Finance Ltd, Sapphire Homes Ltd, among other companies, Richard Alder, also Alpha Pacific Holdings Ltd, Home-Master Ltd, & Raymond Bull).

Flash Cleaning Services Ltd (Paul & Marlene Eilers) was wound up in the Auckland High Court on Inland Revenue’s application. Steve Lawrence & Brendon Gibson (Ferrier Hodgson) were appointed liquidators.

Edserv Ltd (Shaun Singleton & Graham Clausen, also directors of CPSS Holdings Ltd; Mr Singleton is also a former director of The Cleaning Depot Ltd) was granted an adjournment to Thursday 31 October at 10am for settlement with Inland Revenue. The company is in the process of selling a business.

Karaka Cable & Drainage Ltd (Ian & Christine Phillips, Karaka) went into voluntary liquidation on 18 September, ahead of the return to court on the 19th of Inland Revenue’s application to wind it up. Global Cable & Duct Ltd (Mr Phillips & Ian Ottaway, of Directional Drilling Services Ltd & related companies) was wound up on 22 August. They formed a new company, Global Cable & Duct (2000) Ltd in January 2001. Mr Phillips had Phillips Excavations Ltd incorporated on 12 August.

Manpower Contracting Services Ltd (Wayne & Lois Ireland, Mt Richmond) was wound up in the Auckland High Court on Inland Revenue’s application, with Richard Agnew & Vivian Fatupaito (PricewaterhouseCoopers) appointed liquidators.

Hasieman International Ltd (Denis Fetherston, Campbells Bay) went into voluntary liquidation ahead of the return to court of the application by Garry Venus and Ashe Morgan Young Nominees Ltd to wind it up. Mr Fetherston is also director of Hasieman Holdings Ltd and Risk Management Services Ltd, both incorporated on 23 August, Risk Management Holdings/Services/Systems Ltd; Automated Maintenance Holdings Ltd, incorporated in January; BHL Ltd, in liquidation, and BMS Consultancy Ltd. Risk Management Systems Ltd (Mr Fetherston & Mr Venus) is in liquidation and was struck off the Companies Register on 26 August. John Buchanan (Buchanan & Associates Ltd) was appointed liquidator of BHL Ltd on 13 September.

TGH Corporate Trustee Ltd (Mazhar Shukri Krasniqi, director of numerous corporate trustee companies; this one is also in receivership) went into voluntary liquidation on 18 September, ahead of the return to court of Image Commercial Interiors Ltd’s application to wind it up. Companies Office records show Mazhar Shukri Krasniqi has resigned as a director and that Ethnik Krasniqi is now director of TGH. The court hearing had been adjourned to enable a settlement to be implemented.

Inland Revenue applied on 15 July to wind up Viewfield Group Ltd (struck off the Companies Register on 9 March; director Alasdair Murray, also director of Restcare Management Services Ltd) had Inland Revenue’s application to wind it up adjourned to Thursday 31 October at 10.45 am for settlement.

Redeal Ltd applied on 14 August to wind up RA Electrical Co Ltd (Raiyas & Praveena Ali, Pakuranga, also RA Building Contractors Ltd, incorporated on 23 July) . The application will be heard in the Auckland High Court on Thursday 3 October at 10am. RA Electrical 2002 Ltd, with Tahir Samut as director and the same registered office as RA Electrical Co Ltd, was incorporated on 13 May.

Inland Revenue applied on 16 August to wind up Cargo Systems International Ltd (Christopher Grace, also Icos Ltd, Icos Group Ltd and Transdata Corp Ltd, & Harold Dittmer). The application will be heard in the Auckland High Court on Thursday 3 October at 10am.

Inland Revenue applied on 12 August to wind up Meadowcourt First National Real Estate Ltd (Peter Thomas). The application will be heard in the Auckland High Court on Thursday 3 October at 10am.

Gulf Harbour Town Centre Ltd applied on 23 August to wind up Quest Communications Ltd (Bruce Herbert & Nigel Colling). The application will be heard in the Auckland High Court on Thursday 10 October at 10am.

Inland Revenue applied on 24 June to wind up Maaz Enterprises Ltd (Mohammed Azam, also Pah Road Investments Ltd). The application will be heard in the Auckland High Court on Thursday 3 October at 10.45am.

Inland Revenue applied on 27 August to wind up J&T Contractors Ltd (Tracey Christie, East Tamaki). The application will be heard in the Auckland High Court on Thursday 3 October at 10.45am.

Michael Stiassny & Grant Graham (Ferrier Hodgson) were appointed receivers of ADP Industries Ltd (David Dickey, also Auckland/Christchurch Valve & Fitting Co Ltd, Aero Engines Ltd & Nicholas Fisher of Fisher Lamberg Trustee Services Ltd) on 17 September.

Ross Brick & Pavers Ltd applied on 30 August to wind up Everworth Construction Ltd (Essam Elkhishin, also director of Takiron Property Developments Ltd, receivers appointed on 2 September, Takiron Holdings/Intelligent Flooring Systems/Subdivision Ltd, Prime Life Ltd, Pacific Ridge Lifestyle Resort Ltd, Sky Properties Ltd, Sails Café & Bar Ltd, Arlow Holdings Ltd, SCI Holdings/Educational Services/Property Development & Construction Ltd, and Islamic Funding House of NZ Ltd, and a former director of Golden Resorts International Ltd, in receivership). The application will be heard in the Auckland High Court on Thursday 10 October at 10.45am.

Rod Pardington (Deloitte Touche Tohmatsu) was appointed receiver of Queen St menswear retailer Hugh Wright Ltd (John Wright) on 17 September.

Merrill Lynch NZ Ltd (Christopher Marshall & John Thurlow), which started out as Hendry Hay McIntosh Ltd in 1986 and changed its name to Merrill in 1997, has appointed Richard Agnew & David Davidson (PricewaterhouseCoopers) as liquidators as part of a group restructure. The company is solvent. Creditors must file claims by Monday 14 October.

Pure Creative NZ Ltd (Selwyn Shapiro, also Leo Burnett Ltd, Malcolm & Hansard Advertising Ltd, D’arcy Masius Benton & Bowles Ltd, Eagle Marketing Services Ltd and Blackwood King & Partners Ltd, & David Durrant) appointed Bruce Maclean as liquidator on 30 August. Creditors must file claims by Friday 4 October.

Ballantyne Construction Co (1997) Ltd (Bernard Gillon, also Jennian Holdings Ltd, & Craig McCord, also Tauranga Hardware & Plumbing Ltd, Complete Roofing Services Tauranga Ltd and Trinity Plumbers Ltd) applied on 24 July to wind up Heritage Developments (1997) Ltd (John Bourke, Katikati, also The Ballantyne Golf & Retirement Resort Ltd and Pacific Properties (The Ballantyne) Ltd, both in receivership, The Ballantyne Golf Co Ltd and Sportscapes NZ Ltd, both in liquidation, and Hadlow Enterprises Ltd). Heritage was struck off the Companies Register in 10 April. The application to wind it up was filed in the High Court in Tauranga but will be heard in the High Court in Rotorua on Monday 23 September at 11.45am.

Kitset Buildings Ltd (Geoffrey Curley, Waiuku, also Trueline Auckland Ltd, Palmers Aotea Ltd with Christopher Morton & Terry Short, and Vision Aotea Ltd, and formerly of Counties Contractors Ltd, which is now in liquidation) was wound up in the Auckland High Court on Inland Revenue’s application on 12 September. Vivian Fatupaito & Richard Agnew (PricewaterhouseCoopers) were appointed liquidators. Creditors must file claims by Thursday 12 December.

Vivian Fatupaito & John Waller (PricewaterhouseCoopers) were appointed interim liquidators of Wespap Ltd (William Papple) and Lakeland Wealth Creators Ltd (Margarite Papple) on 11 September. Creditors must file claims by Wednesday 11 December. The Securities Commission issued a statement on 4 September banning advertisements for an investment scheme promoted by the 2 companies. The commission estimated $8 million had been paid into the scheme. Story on ban

East Tamaki Carpet Centre Ltd (Warwick Norman & Russell Harding of Norman Ellison Carpets Ltd, Ellerslie Carpet Centre Ltd and other companies) went into liquidation on 3 September, appointing Kerryn Downey (KPMG) as liquidator. Creditors must file claims by Friday 4 October.

Chubb NZ Ltd applied on 7 August to wind up Alarm Wholesalers Ltd (Frank James & Gaye Hill, Takanini). The application is due to be heard in the Auckland High Court on Thursday 3 October at 10am. Alarm Wholesalers was struck off the Companies Register today.

Lane Golf International Ltd (Robert Dyas, also Lane Golf Ltd, Dyas Wright Developments Ltd, and formerly of Innovative Investments NZ Ltd and Heartwood Furniture Ltd, & Dennis Tomes, also of James Hunter Engineering 1986 Ltd and Penrose Electroplating Ltd) went into liquidation on 5 September, appointing Graeme McDonald & John Vague (McDonald Vague & Partners) as liquidators. Creditors must file claims by Friday 4 October.

Acquisition Properties Ltd (John Farquhar, also Acquisition Properties Holdings Ltd, which is in liquidation, Kingsgate Holdings Ltd, Stirling Motors NZ Ltd, Heritage Land Co Ltd, Heritage Estates Ltd) went into liquidation on 2 September, appointing Bernie Montgomerie (Montgomerie & Associates) as liquidator. Creditors must file claims by Monday 7 October.

Continue Reading

U: The names behind the action, week to 17 March 2002

Names, connections, 2+2

This page contains a mixture of property and other information, company formation, the down side of business, market bits & pieces, probably fairly cryptic and rushed.

The weekly Snapshots tend to contain formal information, while other stories on the website are generally structured. U will contain snippets, less often from formal sources, maybe unstructured and incomplete.

14 March 2002

Golden Gate Supermarket & Wholesalers Ltd (Samuel & Helen Wang, also directors of Golden Gate Supermarket (Group) Ltd) was wound up by Justice Hugh Williams in the Auckland High Court today. (Click here for story).

Oteha Valley developer Bob Wickham’s company Open Fields Ltd survived another High Court round of applications to wind it up today, as Justice Hugh Williams told creditors the court’s liquidation list “is not a debt-collecting exercise,” and gave a supporting creditor, Connell Wagner Ltd, until Thursday 11 April to take over as substituted creditor.

Mortgage matters in Australia have been said for several months to be the complex saviour for Open Fields, and various creditors have told the court they’d rather hang on than force a liquidation. Previous story: U 10 February

2 of North Shore developer Joel McLellan’s companies, Bute Road Developments Ltd & Pinehill Developments Ltd were wound up unopposed in the Auckland High Court on the application of Inland Revenue. Multiplex Constructions (NZ) Ltd, builder of the Bute Rd apartments in Browns Bay for Mr McLellan’s Buildcorp group, supported that liquidation application. Richard Agnew & Judith Fatupaito (PricewaterhouseCoopers) were appointed liquidators of the But Rd company and Steve Lawrence & Brendon Gibson (Ferrier Hodgson) of Pinehill Developments.

The application by Paul Bett to wind up Southern Restaurants Ltd (Neville Mahon, of the Woodland group & numerous other companies) was discontinued. It had been filed last September, was said to have been settled in November but was adjourned until today for settlement to be completed.

Jayesh Enterprises Ltd (Praveen & Linda Sharma; Mr Sharma is also a director of Professional Collision Repairs Ltd) was wound up in the Auckland High Court on the application of Orica NZ Ltd (trading as Dulux NZ). Bernie Montgomery (Montgomery & Associates) was appointed liquidator.

The application of Exotic Building Supplies Ltd to wind up Airdrie Timbers Ltd (Larry Binns, Henderson, also Airdrie Freightlines Ltd) was struck out.

The application of Putz-Technik NZ Ltd (Renatus Leucht & Katherine Cole) to wind up North Island Paviors Ltd (Ferdinand & Cornelia Vervoort; Mr Vervoort is also a director of Plastering Technologies & Repairs Ltd, incorporated in December) was struck out.

The application of Fletcher Steel Ltd to wind up South Pacific Residential Developments Ltd (Juan Hugo & Logan Gilbert, Albany) was struck out. Mr Hugo is also a director of Loft Homes/Loft Homes Northland Ltd and Mr Gilbert a director of Loft Homes Northland Ltd, Loft Cottages & Loft Garages Ltd and J&L Telecommunications Ltd.

Decorating FX Ltd (Ross Olsson, Drury) was wound up in the Auckland High Court on the application of Inland Revenue, with Richard Agnew & Judith Fatupaito (PricewaterhouseCoopers) appointed liquidators. The company was struck off the register on 10 January.

Keriere Gardening & Services Ltd (Peter Chaproniere) was wound up on the application of Inland Revenue, with Richard Agnew & Judith Fatupaito (PricewaterhouseCoopers) appointed liquidators.

Barsell Holdings Ltd (Edward John Russell, also a director of Combined Steel Fixers Ltd (in liquidation), HAF Finance Ltd & HAF Group Financial Services Ltd) was wound up on the application of Inland Revenue, with Steve Lawrence & Brendon Gibson (Ferrier Hodgson) appointed liquidators.

Topline Waterproofing Ltd (Patrick Colin Farrell) was wound up on the application of Inland Revenue, with Richard Agnew & Judith Fatupaito (PricewaterhouseCoopers) appointed liquidators.

Francis Huysdens has settled with Lincoln Aluminium Ltd (of which he & Peter Lambert are listed as directors) & withdrawn his application to have it wound up. The application, filed last September, had been in court several times but wasn’t advertised.

The application of Geoff Harriman Ltd to wind up www.kitsethome.com Ltd (Richard Hadlow), filed on 2 November 2001, was adjourned in the Auckland High Court to Thursday 16 May at 10.45m.

Savoy Equities Ltd (Kerry Haycock is still a director of this company, which was to have been the Britomart developer) has had 2 companies wound up by the High Court where Mr Haycock is shown as a director of both plaintiff & defendant. He said court liquidation proceedings were the simplest & cheap way of closing the books. So Savoy had EZ Concepts Ltd wound up and Esavoy Ltd had Safety Net (NZ) Ltd wound up, with the Official Assignee appointed to liquidate both.

James Hardie NZ Ltd has settled and Inland Revenue substituted as creditor applying to wind up Soyuz Investments Ltd, an apartment developer owned by Artemis doctors Chris Heron & Paul Hutchinson. Counsel for Soyuz said the company wasn’t insolvent but had drawn down part of a facility & was waiting for the land transfer office to issue titles — normally done within 10 days but taking far longer as the office switches over to a full online system. The hearing in the Auckland High Court was adjourned to Thursday 16 May at 10.45am.

The application of Euroglass Systems Ltd to wind up Fubu NZ Ltd (Hugh McIver of DMB Entertainment/K-1NZ/HRM Properties Ltd & David Benjamin of DMB) was adjourned to 11 April for a cheque handed over in court to clear.

Diverse Homes Ltd (William Taupo Kihi, also a director of Diverse Ventures Ltd) was wound up in the Auckland High Court on the application of Handley Homes Ltd, with Steve Lawrence & Brendon Gibson (Ferrier Hodgson) appointed liquidators.

Willpro Ltd (Michael Williams, Albany) went into voluntary liquidation on Wednesday ahead of an application by Safeway Scaffolding NZ Ltd to have it wound up in court. Another Williams company, ML Williams Construction Ltd, is already in liquidation.

Pearl Decorators Ltd (Brian Trenwith) was wound up in the Auckland High Court, with Bernie Montgomerie & Steven Graham (Montgomerie & Associates) appointed liquidators.

2 of Alfonso Liguori’s companies, 360 Church Street Ltd & Central Trading Services Ltd had liquidation applications against them adjourned for settlements. North Shore City Council’s application to wind up 360 Church Street was adjourned to Thursday 16 May at 10.45am, with Knight Coldicutt Solicitors Nominee Co Ltd as a creditor seeking liquidation. Inland Revenue’s application to wind up Central Trading Services was adjourned to Thursday 11 April at 10.45am for settlement.

An application by the liquidators of Right Point Investments Ltd (Roy Mottram & Liu Fen Ching, registered office now at PricewaterhouseCoopers) to wind up Tasman Merchant Ventures Ltd (Mr Mottram) was enlarged to Thursday 16 May at 10.45am for service — the registered office is on the 14th floor of the Tower Hill apartment building on the corner of Emily Place & Fort St, and the document server hasn’t got past the foyer. Mr Mottram tried in 1999 to put together a $250 million Taiwanese-backed development on 56ha of farmland next to the bloodstock centre at Karaka which included 45,000m² of retail space, a 200-bed hotel & extensive entertainment space. 3 companies from which Mr Mottram has resigned, Shinda Ltd (Zhao Yaguang & Yue Wen-yu), YMW Co Ltd (Yue Wen-yu) & New Zealand China Tasman Co Ltd (Li Yong Bo) still have their offices on the 14th floor, as does Mr Mottram’s main consultancy company, Pacific Consultants Ltd, which is moving there from law firm Brookfields on Monday 18 March.

Cosmos Traders Ltd (Sashi Vimlesh Singh & Afzal Mohammad Yaqub, who are also directors of Midas West Auckland Ltd) was wound up on the application of Southward Engineering Co Ltd (Len Southward, Lower Hutt), with Richard Agnew & Judith Fatupaito (PricewaterhouseCoopers) appointed liquidators.

Reed Recruitment Ltd (Warren Le Noel, a serious property investor in the 80s who is now a director of Noelpark Properties Ltd & Lorenzo Apartments Ltd) resolved its differences with Intel NZ Ltd, which withdrew its application to have Reed wound up.

Black Pearl Group Ltd (Takaio Danny Ripata, Papatoetoe, who’s also a director of Visual Applications Ltd & Baar-Chitar & Associates Ltd) was wound up in the Auckland High Court on the application of Benchmark Building Supplies Ltd. Steve Lawrence & Brendon Gibson (Ferrier Hodgson) were appointed liquidators.

Inland Revenue withdrew its application to wind up Resplendent Services No 124 Ltd (Rex Terral) in the Auckland High Court after lawyer Tracy Spencer said the IRD was still investigating. Supporting creditor Bridgecorp Finance Ltd was not in a position to substitute & also withdrew.

Inland Revenue withdrew its application to wind up Roi’s Floorsanding Services Ltd (Teaukura Roi, Te Atatu North) after settlement.

Orimbah Gardens Ltd (Christine Forsyth, Pakuranga), already struck off the companies register, was wound up in the Auckland High Court on Inland Revenue’s application, with the Official Assignee appointed liquidator.

Peter Cleary survived an Inland Revenue application to wind up Cleary Financial Services Ltd after satisfying his debt, but still has an IRD application to face on Tuesday 26 March to wind up Cleary Planning Services Ltd.

Justice Hugh Williams allowed a final adjournment to Thursday 11 April at 10am for the application to wind up NZ Realties Ltd, which has changed its name to NZ Realty Group Ltd and has a new director, Christopher Hill. The company has been warding off an application for its liquidation by Barnaby & Brett Prinsen Geerligs and James Peter Martin (the latter of law firm McVeagh Fleming), as executors & trustees of the estate of Bert Prinsen Geerligs. They won summary judgment in March 2001 and succeeded against NZ Realties’ appeals. The dispute concerns a deposit removed from a trust account to pay commission after a transaction went unconditional. The NZ Realties group was then controlled by Reg Watt, who was bankrupted last July.

RG Co Ltd (Genesis Homes Manukau Ltd until 21 January; director James George Reu) went into voluntary liquidation on 4 March, appointing Graeme McDonald & Kevin Bromwich (McDonald Vague & Partners) liquidators. Creditors must file proofs of debt by Thursday 4 April. Genesis Homes Ltd (Bruce Gage, Henderson) said on 5 March that 2 former franchise companies, Genesis Homes Manukau Ltd & Genesis Homes Manurewa Ltd, had changed their names and no longer had the right to use the Genesis Homes name. Mr Reu, of RG Co, was a director of Genesis Homes Ltd & Genesis Homes Henderson Ltd, and is also a director of Tasman Pacific Holdings/Investments/Residential Ltd). Genesis Homes Manurewa Ltd has become S&R Trading Ltd (Stuart Brauninger, also a director of the 3 Tasman Pacific companies & of Nighthawk Promotions Ltd). Mr Gage is also a director of Genesis Homes Henderson Ltd, Genesis Homes West Auckland Ltd, Phoenix Residential Solutions Ltd, Prestige 2000 Ltd, Family Homes Ltd & Keeti Investments Ltd.

Braemar Services Ltd & Braemar Trading Co Ltd (both John Maze, former Woolworths NZ Ltd director) were placed in receivership on 11 March, on the call of Foodstuffs (Auckland) Ltd as debentureholder. Receivers are Lyall Brown & John Mercer (Alliott Thompson Francis, Newmarket).

Redeal Ltd (trading as Ideal Electrical Suppliers) applied on 30 January to wind up McDonough Duffy Electrical Co Ltd (Danny McDonough & Kieron Duffy; both are also directors of Aladin Lighting & Electrical Co Ltd, and Mr McDonough is a director of Current Electrical 2000 Ltd & 2Mac’s Property Ltd). The application was advertised on 7 March for hearing in the Auckland High Court that day, which didn’t happen. It’s now been readvertised for hearing on Tuesday 26 March at 10am.

LGP Enterprises Ltd (Lewis & Gail Johns, also directors of Button Services Ltd, and Mr Johns is director of Johns Kitchenmakers Ltd) went into voluntary liquidation on 8 March, appointing Colin Holloway (Deloittes) as liquidator. Creditors must file proofs of debt by Friday 12 April.

Harfords Ltd (Douglas Harford, Pukekohe, also director of Harfords Ready Floor Ltd) went into voluntary liquidation on 8 March, appointing Curtis Mountfort (Mountfort & Associates) liquidator. Creditors must file proofs of debt by Monday 22 April. Mr Mountfort said in his appointment notice Harfords Ready Floors Ltd and Jason Harford Contracting Ltd were separate companies & continued to trade.

Bridgecorp Finance Ltd appointed Anthony McCullagh (Horwath Corporate Auckland Ltd) receiver of CFI Investments Ltd (Brian Fitzgerald, Remuera, now of Herne Bay) on 7 March. Mr Fitzgerald was adjudicated bankrupt on 23 January. His companies included Key Pacific Corp NZ Ltd, KPC NZ Properties Ltd, Edinburgh Construction Ltd & Fitzroy Terraces Ltd.

13 March 2002

The receivers of short-lived fashion retailer Amie Clothing Ltd (David Lewis) are seeking expressions of interest for the chain of 24 stores (in leased sites, with an Auckland head office & warehouse) by Wednesday 3 April at noon. David Davidson & Richard Agnew (PricewaterhouseCoopers) were appointed receivers by the Bank of NZ. Mr Lewis created the Amie chain last year after Esprit International of Hong Kong took back the licence for the Esprit chain he’d run for 20 years.

Inland Revenue applied on 18 February to wind up Top Half Building Removals Ltd (Jeremy O’Neill, also a director of Top Half House Removals Ltd & Rodney Leasing Ltd). The application will be heard on Thursday 26 March at 10am.

12 March 2002

Shortland St law firm AlexanderDorrington Lawyers is taking over the practice of David Bone, of 60 Parnell Rd, whose work has also been oriented to property & finance. Mr Bone will retire on 1 June.

Tyco Building Products Pty Ltd applied on 22 February to wind up Link Distributors Ltd (in receivership; director Jack Lockhart is also director of Link Distributors NZ/Link Distributors Holdings/Link Building Systems Ltd, and Alotech Walls & Ceilings Ltd). The application will be heard in the Auckland High Court on Thursday 4 April at 10am. Alotech’s liquidator, Bernie Montgomerie, pursued a highly publicised action to wind up Hartner Construction Ltd one year ago over $1.3 million owed to Alotech, then became embroiled in a dispute with Mr Lockhart over money passed from Alotech to Link. That dispute remains before the High Court.

Steve Hotchin was appointed liquidator of Pipeworks NZ Ltd (Martin Hedger & Moana Lucre) on 3 March.

Arren Civil Ltd applied on 12 February to wind up Dallan Enterprises Number Fifty Ltd (John Storey & Mandhir Singh Gujral). The application will be heard in the Auckland High Court on Thursday 4 April at 10am.

Lazarus Plumbing & Drainage Ltd (Ross Maegaard) resolved on 15 February to go into voluntary liquidation, appointing Allan Brian (Blackmore Virtue & Owens, Newmarket) as liquidator on 25 February. On 8 March Mr Brian gave notice that he’d resigned as liquidator. 3 other Maegaard companies — Total Plumbing & Drainage Ltd, Total Underground Services Ltd and Mepis Ltd — are in liquidation.

The first creditors’ meeting of Paihia Beach Resort Hotel Ltd (John Olagues) has been called for Friday 12 April at 11am at the Institute of Chartered Accountants, 27-33 Ohinerau St, Remuera. Liquidator is Anthony McCullagh (Horwath Corporate Auckland Ltd).

Elite Bathroomware Ltd (Brent Holmes & Paul King, also directors of Klass Investments Ltd) resolved on 6 March to go into voluntary liquidation, appointing Herne Bay accountant Michael Hartley as liquidator.

Continue Reading

U: The names behind the action, week to 29 September 2002

Names, connections, 2+2

This page contains a mixture of property and other information, company formation, the down side of business, market bits & pieces, probably fairly cryptic and rushed.

The weekly Snapshots tend to contain formal information, while other stories on the website are generally structured. U will contain snippets, less often from formal sources, maybe unstructured and incomplete.
28 September 2002

Argyle Estates Ltd (Graeme Edwards & Nigel Powell) applied on 9 September to wind up Bowen Group Ltd (Gordon Hogg & Phoebe Foley). The application will be heard in the Auckland High Court on Thursday 17 October at 10.45am. Mr Hogg is a director of Waverley Developments Ltd, Fairhaven Properties Ltd, Halcyon Group Ltd, Buccleuch Property Group Ltd, Locate Global Technologies Ltd, and formed G Hogg Ltd last December. He is no longer a director of KWK Management Ltd (Ken Kells, company incorporated in September 2001). Mrs Foley is a director of Halcyon, Fairhaven, Red Hill Homes Ltd (in liquidation), Northland Holdings Ltd (Moerewa, incorporated in October 2001) and Rycom II Ltd (back in Drury, incorporated in May).
Check this September 2001 story for some of their background: Red Hills Homes liquidation under scrutiny

Works Infrastructure applied on 20 August to wind up Murphy Construction Ltd (John Murphy, Penrose). The application will be heard in the Auckland High Court on Thursday 10 October at 10am.

27 September 2002

Transfund chief executive & former Auckland Electric Power Board member Martin Gummer, 46, has been appointed chief executive of Auckland’s transport infrastructure company, Auckland Regional Transport Network Ltd (ARTNL).

Cox & Dawes Ltd applied on 12 September to wind up I2I Holdings Ltd (John Boswell & David Simpson). The application will be heard in the Auckland High Court on Thursday 31 October at 10am. Mr Boswell is a former director of Turners & Growers Ltd and associated companies, Hammer Auctions Ltd, and currently a director of Auctions Direct Ltd, GP Brodie Ltd, Manufacturers Agencies NZ Ltd, Valentines Dominion Rd, Rattrays Wholesale Ltd, JML Joinery Ltd, Lydia Holdings Ltd, Raymond Holdings Ltd, Vimey Holdings Ltd and Origination Holdings Ltd. Mr Simpson is a director of Hammer Auctions and Rattrays Wholesale, and also Advanced IT Solutions Ltd, Infogate Ltd, Infogate Investments Ltd and Ashling Investments Ltd.

26 September 2002

Inland Revenue applied on 23 August to wind up IEH Ltd (Bruce England, Roger Hardie). The application will be heard in the Auckland High Court on Thursday 10 October at 10am. IEH was struck off the Companies Register in January. Mr Hardie is director of North Shore Realty Ltd, in liquidation, and a former director of Fortius Ltd. North Shore Realty went into liquidation in 2000 and liquidator McDonald Vague & Partners said in the latest report Mr Hardie had drawn down $128,000 then been declared bankrupt, in October 2000.

Shareholders of Metropolis Car Parking Ltd (Suren Sharma) resolved on 10 September to appoint Anthony McCullagh (Horwath Corporate Auckland Ltd) as liquidator. Creditors must file claims by Tuesday 10 December. Peter Branningan was appointed receiver of the company in May, 2 months after Tower Trust’s TEA Custodians (Equitable) Ltd entered into possession, as mortgagee, of 5 carpark titles held by the company. It was among many companies under the control of Reg Watt (NZ Equities Group) until his bankruptcy in July 2001. Suren Sharma is director of numerous companies, including Sharma Properties Ltd, Metropolis Investments Ltd, NZ Realties Investments Ltd, Carpark 80 Ltd (in liquidation; this was the Reg Watt company that was going to develop a highrise parking building on Fort St, now to be an apartment building by First City Developments Ltd ), Amalgamated Securities Ltd (in receivership), Parkview Projects Ltd, NZ Serviced Accommodation/Carparks/Hotels/Penthouses Ltd, Asian Accommodation Ltd, NZ Body Corporate Ltd and Watt Companies Ltd.

Global Homes Ltd (Ray Lorenzen, Henderson, also Complete Construction Ltd) went into voluntary liquidation on 19 September, appointing Anthony McCullagh as liquidator. Creditors must file claims by Wednesday 30 October.

Mortgage Financier Nominees Ltd (Beau Davidson & Dyanne Kokich, Whangarei) applied on 27 August to wind up Village Restaurant Ltd (Philip Mules, Westgate, also Fairy Springs Enterprises Ltd, Kart-o-Mania Rotorua Ltd, Leisureworld Ltd and Wellington Security Storage Ltd). The application will be heard in the Auckland High Court on Thursday 10 October at 10.45am.

25 September 2002

UnitedNetworks Ltd applied on 15 August to wind up Mainstream Construction Ltd (Shaun Thomas, Long Bay, a former director of Firstlight Homes Ltd, Silverdale). The application will be heard in the Auckland High Court on Thursday 3 October at 10am.

Inland Revenue applied on 19 August to wind up Hibiscus Foundation Services Ltd (Karen Moss). The company was struck off the Companies Register on 9 March. The application will be heard in the Auckland High Court on Thursday 10 October at 10am.

Wholesale Distributors Ltd applied on 14 August to wind up Powerdrinks Ltd (Paul Meier, formerly of Prestige Marketing Ltd, now called Quantum Prestige and in liquidation, and currently a director of The Private Sale Co Ltd, Internet Realty Co Ltd and numerous other marketing companies). The application will be heard in the Auckland High Court on Thursday 17 October a 10.45am.

Brookdale Investments Ltd (Andrew Preddey, Ngaruawahia, also Circular Holdings Ltd and Jennings Homes Ltd, and formerly Plaster Waikato Ltd) was wound up in the Hamilton High Court on 9 September, with Steve Lawrence & Brendon Gibson (Ferrier Hodgson) appointed liquidators.

24 September 2002

Renaissance Ltd applied on 22 August to wind up Multiple Zones NZ Ltd (Graeme McLennan, Te Puke, also various computer industry companies including web developer Cybernomix.com Ltd, PC Warehouse NZ Ltd and Novatronics Trading Corp Ltd). Multiple Zones is in receivership. The liquidation application will be heard in the Rotorua High Court on Monday 21 October at 10.45m.

Christopher Elstob applied on 15 August to wind up Finance Provision Associates Ltd, a company in which he is a director with Auckland mayor John Banks’ campaign manager & former National MP, Peter Hilt. The application will be heard in the Auckland High Court on Thursday 3 October at 10am. Mr Elstob is also a director of Pacific Mechanical Services Ltd (with Mr Hilt), Pacific Control Services Ltd, Pacific Air Conditioning Ltd (in liquidation, liquidators Ferrier Hodgson, directors include Mr Hilt) and Building Technology & Leasing Ltd. Mr Hilt is also a director of Alternative Dispute Resolutions Ltd.

Ponsonby’s the Bach Ltd creditors have been called to a meeting on Friday 4 October at 1pm (Channel View Lounge, 3 Gibbons St, Takapuna) by liquidator John Buchanan. The company (director Garry Ward) went into voluntary liquidation on 27 August. Clive Johnson was appointed receiver on 19 September.

John Cregten & Andrew McKay (Corporate Finance Ltd) were appointed receivers of Pebworth Holdings Ltd (Robin & Pru Martin, also Stella House Ltd) on 19 September.

Westside Chambers Ltd (Brian Peach, also Toyoshu Securities Ltd, in liquidation, Keeper Blackmore Ltd and Alpine Investments 2000 Ltd, and formerly of Olsen Everson Mt Eden Ltd, Target Developments Ltd, Kuaotunu Holdings Ltd and Kuaotunu Properties Development Ltd) went into voluntary liquidation on 19 September. Vivian Fatupaito & Richard Agnew (PricewaterhouseCoopers) were appointed liquidators. Creditors must file claims by 19 December.

Continue Reading

U: The names behind the action, week to 22 December 2002

Names, connections, 2+2

This page contains a mixture of property and other information, company formation, the down side of business, market bits & pieces, probably fairly cryptic and rushed.

The weekly Snapshots tend to contain formal information, while other stories on the website are generally structured. U will contain snippets, less often from formal sources, maybe unstructured and incomplete.

22 December 2002

All items listed below on today’s section of the U column are from the liquidations list of the Auckland High Court, conducted by Master Hannah Sargisson on Thursday 19 December. The High Court resumes most of its activities in February, but there is a liquidations list on Thursday 30 January. The following week’s is on Wednesday 5 February.

BOC Ltd’s application to wind up Atomic Waterblasters Ltd (Simon Chaplin) was discontinued after settlement.

Link Communications Ltd’s application to wind up Integrated Technologies Group Ltd (Bruce Hurst, also Fast Rent Ltd and formerly of Canterburynz (B&B) Ltd, & Warren Hurst, also of Fast Rent, Eurosport Ltd, Voice Edge Ltd, Total Technology Solutions Ltd, Electronic Transaction Networks Ltd, Semple Investments Ltd and Enigmatic Enterprises Ltd, and formerly of TNS Cablecraft Ltd) was withdrawn after settlement.

New High Court master Hannah Sargisson finds she doesn’t have time to consider some liquidation applications (which she points out are scheduled for every 3 minutes of court time during the Thursday session), so she stands the more difficult ones down. And down, and down. Part of the problem is that the new master seems to neither hear nor listen, keeps her eyes down to do the bookwork and addresses that more than the courtroom before her. When Justice Robert Chambers hit a resource management case at the start of his career on the Bench, I wrote numerous stories questioning his decisions and, in 1 case, his performance, but he worked strenuously to understand an unfamiliar area of law, then made decisions. Master Sargisson has failed in her few months on the Bench to master many of the basics of her basic job, and has specialised in being indecisive. Another part of the fumbling is caused by the court registry, which has each of the 3 masters keeping a case before him/herself if it’s adjourned rather than passing on to someone else. If you want a short adjournment, bad luck — except that for 1 Inland Revenue case this week Master Sargisson dithered while she tried to work out how to get it back in court a couple of weeks before the requested date, which would have allowed a sensible time beyond the January holiday break for an asset sale.

In the case of lawyer Stephen McDonald trying to wind up 5 companies associated with West Auckland developer-in-waiting Peter Mawhinney, Master Sargisson stood the matter down until late morning so she could read counsel’s memo, offered to bring it forward 5 minutes before it was going to return to the top of the list anyway, then adjourned it until the end of the afternoon. The companies appear not have been wound up by week’s end. Mr McDonald wanted to wind up Inveran Holdings Ltd, Kitewaho Bush Reserve Co Ltd, Boutsen Holdings Ltd (Peter Mawhinney director of all 3), Abacus Developments Ltd (Philip Bycroft) and Waitakere Forestry Park Ltd (Peter Wilson). Kitewaho was struck off the Companies Register on 14 August, Boutsen on 10 November 2001, Abacus and Waitakere Forestry Park on 18 July 2001.

Another double stand-down, followed by an adjournment, was Allied Foods Co Ltd’s application to wind up Rattrays Wholesale Ltd (the group went into receivership in October; directors David Jenkinson & David Simpson). Master Sargisson’s difficulty was with the serving of the liquidation notice on an officer of another (related) company at the abandoned registered office. After telling Allied’s lawyer he should read certain sections of law, she wasn’t prepared to listen when he told her he’d already done that. The application was eventually adjourned to Thursday 30 January at 11.45am.

National Alarms Ltd (Andrea Smedley) was wound up on Inland Revenue’s application. Steve Lawrence & Brendon Gibson (Ferrier Hodgson) were appointed liquidators.

Toucan Trading Ltd’s new application to wind up Village Interiors Ltd (Heather Stuck) was discontinued after settlement.

Hirepool Ltd’s application to wind up Paisley Painting & Sandblasting Ltd (Teresa Daly, Drury, also Daly Trust Administration Ltd and Aspect Sandblast & Paint Ltd) was struck out after settlement.

The Avenue Builders Ltd (Brent Clode, most noted for the problems associated with his 1 Parliament St development, now being run by the builder, Multiplex, but also developer of numerous other properties) went into voluntary liquidation on 18 December at 5pm, ahead of the 10.45am call the next day of Ryan Group Ltd (Keith & Mark Ryan, Morrinsville, also Alufinance Ltd and Performance Windows & Doors NZ Ltd)’s application to wind it up. John Buchanan was appointed liquidator.

Gordon Construction Ltd (Peter Gordon, Hillsborough, also Combined Building Systems Ltd, wound up in August on Inland Revenue’s application) settled with Inland Revenue and the application to wind the company up was struck out.

Inland Revenue’s application to wind up Garden Style Ltd (Geoffrey Pickles, Whenuapai), filed on 17 September, was adjourned to Thursday 27 March at 10.45am for advertising to be carried out.

Inland Revenue’s application to wind up Northcross Dental Care Ltd (Stephen Furlong, also Newmarket Accountants Ltd and KMWJ Trust Ltd, & Malcolm Ward, also Millennium Dental Services Ltd, Ascot/Bayside/St Heliers Bay Dental Care Ltd) was adjourned to Thursday 13 February at 10.45am to enable the sale of a business. Choosing the February adjournment date required switching the case to another master’s list, although neither party expressed concern at a delay to March. Master Sargisson was happy to adjourn other cases to her own 27 March list.

Inland Revenue’s application to wind up Johnson Developments Ltd (Len Johnson, also still a director of Mayfair Corp Ltd, the former listed property developer run by Gerald Williams which is now in liquidation) was adjourned to Thursday 27 March at 10.45am to enable the sale of some property.

Inland Revenue’s application to wind up Coastal Landscaping Ltd (Kenneth Grant Hopper) was adjourned to Thursday 27 March at 10.45am for settlement.

Inland Revenue’s application to wind up Ototoa Farms Ltd (Samuel Lim, also Ototoa Station Ltd) was adjourned to Thursday 30 January at 11.45am for settlement.

21 December 2002

Glenwood Construction Ltd (Anthony Wedgewood) went into voluntary liquidation on 18 December, appointing Curtis Mountfort (Mountfort & Associates) as liquidator. Creditors must file claims by Wednesday 290 January.

Accrue Developments Ltd (Shainaz Rafiq) went into voluntary liquidation on 11 December, appointing Brian Jensen as liquidator. Creditors must file claims by Wednesday 19 February. Westpac Bank’s application to wind the company up was adjourned the next day in the Auckland High Court (when the company was listed under the name Accure Developments Ltd) so the liquidator appointment could be verified. (See U column week to 17 November, Bank seeks liquidation for Ayub’s Trendy Homes & Accrue for earlier details).

Americas Cup Café Ltd (Richard McCabe, also Tapas Ltd, Specialty Cars Ltd, IBA Ltd, Margaritas Ltd, Green Grass Ltd, Nancy’s Christchurch Ltd and Becca Ltd) went into voluntary liquidation as a solvent company on 18 December, appointing Rowan Chapman (Gosling Chapman) as liquidator. Creditors must file claims by Friday 7 February. See also below at foot of 20 December items, liquidation of Margarita’s Bar & Restaurant Ltd (Pamela McCabe).

Commercial Factors Ltd has renewed its attempt to liquidate Chapperal Farms Ltd (Kevin Thompson) after the previous application was settled & struck out in the Auckland High Court in August. Commercial Factors’ new application, filed on 4 December, will be heard in the court on Thursday 27 February at 10am.

Bryerwell Consultants Ltd went into liquidation on 6 December, and Bryerwell Developments 1999 Ltd on 17 December (Patricia Buchan director of both; Alan Bryers, Massey, resigned from both companies and was also director of Bryerwell Developments Ltd, struck off the Companies Register in November 1999). Bryan Williams has been appointed as liquidator of both. Creditors must file claims by Friday 31 January.

Lodge Catering Services Ltd (Brian Everett & Anne O’Sullivan, also Lodge Properties Ltd) went into liquidation on 17 December, appointing Philip Welham (WBB Chartered Accountants Ltd) as liquidator.

Select Roofing Ltd applied on 5 December to wind up Genesis Homes West Auckland Ltd (Bruce Gage). The application will be heard in the Auckland High Court on Thursday 13 February at 10.45am. Inland Revenue has an application in the court on Wednesday 5 February to wind up another of Mr Gage’s companies, Phoenix Residential Solutions Ltd (known as Genesis Homes Land Co Ltd until 5 February 2001). DPJ Ltd (Genesis Homes Henderson Ltd until the name change on 8 May) was wound up in August on Inland Revenue’s application. Mr Gage is also director of Genesis Homes Ltd, Family Homes Ltd, Paladin Investments Ltd, Prestige 2000 Ltd and some related companies.

Hartner Construction Ltd (in receivership & liquidation; directors Wayne & Gaile Hartner) applied on 13 November to wind up Parkbrook Holdings Ltd (in receivership since June; directors Rudolf Gitmans & Myrle Alexander). The application will be heard in the Auckland High Court on Wednesday 5 February at 10.45am. Jeff Meltzer & Arron Heath (Meltzer Mason Heath) replaced Laurie Chilcott (Smith Chilcott Bertelsen Harry) as receiver on 15 October. Mr Gitmans is also a director of Fabrications NZ Ltd, Spencer Fabrics 1991 Ltd, Parkstone Holdings Ltd, Airmyn Investments Ltd (in liquidation), and a former director of Fifer Residential Ltd. Myrle Alexander is also a director of Airmyn, and of Fluffy Duck Ltd and Proprius Holdings Ltd with Paul Graeme Alexander, Runymede Forty Ltd, Muzbak Corp Ltd with Julie Alexander, and 2 of Ken Wikeley’s Power Pacific companies, Power Pacific Corp Ltd and Power Pacific Scope Ltd.

Hot Water Response Ltd (Alan Watkins, also Gas Fitting Co Ltd, in liquidation, and Auckland Gasfitting Ltd) went into voluntary liquidation on 16 December, appointing Karen Mason & Mike Lamacraft (Meltzer Mason Heath) as liquidators. Creditors must file claims by Thursday 23 January.

John Bullot, Mairangi Bay, replaced Derek Farrelly on 10 December as receiver of Ballyhoo Else Ltd (Gordon Frykberg & Darryll Heaven). (Earlier story, U column, week to 24 November, Frykberg & Heaven continue dispute).

Kim Powell was appointed receiver of Nelson Street Investments Ltd (Terry Smith) on 11 December. Bridgecorp Finance Ltd (Rod Petricevic) appointed Jeff Meltzer & Karen Mason (Meltzer Mason Heath) on 2 October as receivers of income from properties held by 5 Terry Smith companies — Durham Property Holdings Ltd (Wellington property), Morrin Investments Ltd (Auckland), Wharf Road Holdings Ltd (Auckland), Merriefield Investments Ltd (Auckland) and Investments Syndicates Inc NZ Ltd. Bridgecorp holds second mortgages on all titles. All 5 Smith companies are in receivership. Investments Syndicates was wound up on Inland Revenue’s High Court application in June.

115Harris Ltd (Icemin NZ Ltd from September 1997 until 26 November; director Craig Jones) went into liquidation on 6 December, appointing Jeff Meltzer & Mike Lamacraft (Meltzer Mason Heath) as liquidators. Creditors must file claims by Friday 31 January. Mr Jones is also director, with Mark Wells, of Tortoise Investments Ltd, Corbel Group/Central Otago/Investments No 1/Asset Management Ltd, Rhino Developments Ltd and Marac Developments Ltd (incorporated on 12 December), and separately of Seven Investments Ltd and Far Horizon Holdings Ltd.

Property developer Campbell Kells has wound up St Johns in the Field Ltd, a solvent company, appointing Robert Willis (CST Management Ltd) as liquidator on 10 December. Creditors must file claims by Friday 10 January.

KN Construction & Joinery Ltd applied on 28 November to wind up AM Homes Ltd (Robert Minhinnick). The application will be heard in the Auckland High Court on Thursday 30 January at 10.45am.

CCG Ltd (Compass Communications Group Ltd from incorporation in October 2000 until 18 November; directors Paul Carter & John Fernyhough) went into voluntary liquidation on 12 December, appointing Stephen Tietjens & John Cregten as liquidators. Creditors must file claims by Friday 31 January. Both directors are also directors of Freenet Ltd, Compass Communications Ltd, Compass Capital Growth Ltd and Buroserve Ltd. Mr Carter is separately director of P Carter Holdings Ltd. Mr Fernyhough, former director of Electricity Corp of NZ Ltd, Emerald Capital Investments Ltd and NZ Dairy Foods Ltd, is also now a director of Emarket.co.nz Ltd.

TGO Training Ltd (which changed its name from Sturdy Builders Ltd on 11 December; director Denis Oliver, who resigned as a director of Sturdy Design & Build Ltd, incorporated in May) went into voluntary liquidation on 13 December, appointing Jennifer Gillies (Walker Dick & Associates, New Lynn) as liquidator.

20 December 2002

The DF Mainland group went into liquidation on 16 December, appointing Jeff Meltzer & Arron Heath (Meltzer Mason Heath) as liquidators. 4 companies filed solvency certificates — DF Mainland Asset Management Ltd, NZ Petroleum Investments Ltd, DF Mainland Holdings No 2 Ltd and DF Mainland Finance Ltd. Creditors of those companies must file claims by Friday 24 January. Other companies in the group — DF Mainland Group/Management/Nominees/Securities/& Co/Forest & Financial Ltd, Accelerating Assets of NZ Ltd, Cassini Developments Ltd, Momentum Investments Ltd and NZ Pastoral Finance Ltd — went into liquidation the same day without the solvency certificate and creditors must file claims by Thursday 23 January.

FF Traders Ltd (directors former All Black Steven Pokere & Phyllis Mareroa) survived a 1st call by Ministry of Economic Development (Companies Office) investigating accountant John McPherson to wind it up in the Rotorua High Court on Monday after Phyllis Mareroa told the court she’d just got back from Singapore and needed time to consider the application. The application was adjourned until Monday 17 February. I understand the company was the forerunner to similar prime bank instrument operators Lakeland Wealth Creators Ltd and Wespap Ltd, whose advertising was banned by the Securities Commission in September. Interim liquidators were appointed to those 2 companies then, and they were placed in liquidation in October. FF Traders was struck off the Companies Register on 14 August. Click for more details

Dennis Parsons (Indepth Forensic Ltd, Hamilton) was appointed on 17 December as receiver of Baywater Finance Ltd (incorporated on 27 November 2001 as Bay Finance Ltd; directors Chartwell accountant Phil Young, also Progressive Business Centre Ltd. Omega Publishers Ltd and DYO & Co Ltd, & Peter Keenan) under a 7 March debenture in favour of Covenant Trustee Co Ltd

Michael Stiassny & Grant Graham (Ferrier Hodgson), appointed receivers of Ede Investments Ltd, Dimension Kitchens Ltd and Dimension Furniture Ltd (director John Ede) on 10 December, relinquished their roles on 18 December. National Mortgage Nominee Co Ltd called in Anthony McCullagh (Horwath Corporate Auckland Ltd) on 4 December as receiver of St Clair Park Ltd, Ede Investments Ltd, Dimension Group of Companies Ltd and Dimension Kitchens Ltd. An application to wind up Dimension Group of Companies Ltd will be heard in the Auckland High Court on 30 January. Previous story: 5 Ede companies in receivership & 1 faces liquidation

East Engineering Ltd (Tim Watkins, also Auckland Steel 2000 Ltd and Auckland Construction Equipment Ltd) went into voluntary liquidation on 17 December after signing a certificate of solvency, appointing James MacQueen (BDO Spicers, Pakuranga) as liquidator.

Pebble Pushers Ltd (Desmond Morris, Pukekohe) went into voluntary liquidation on 18 December, appointing John Whittfield & Graeme McDonald (McDonald Vague & Partners) as liquidators. Creditors must file claims by Friday 31 January. Among other Morris companies, North Eastern Heights Ltd went into voluntary liquidation on 7 October, Cape Hill Heights Ltd and Roseville Developments Ltd went into voluntary liquidation in August. Other Morris companies are Deslynn Court Ltd, Regional Developments Ltd, CR Walter Farms Ltd, Artique Imports Ltd, Lochview Produce Centre Ltd and FP Balle Ltd. Lynnette Morris & Diana Foreman, Pukekohe, incorporated Pebble Pushers 2002 Ltd on 18 December. They’re also directors of Petal ‘n’ Pots (Pukekohe) Ltd.

Petals ‘n’ Pots Ltd (which changed its name to Marzipan Holding Ltd on 4 December; directors Richard Morris & Diana Foreman, see item above) also went into liquidation on 18 December, with Messrs Whittfield & McDonald as liquidators and the same timespan for creditors to file claims as for Pebble Pushers (above).

Lochview Garden Centre 1988 Ltd (Desmond & Richard Morris, see 2 items immediately above this) went into voluntary liquidation on 18 December, also appointing John Whittfield & Graeme McDonald as liquidators and giving creditors until Friday 31 January to file claims.

Margarita’s Bar & Restaurant Ltd (Pamela McCabe, also Margaritas Ltd, Specialty Cars Ltd and Tapas Ltd) went into liquidation on 18 December, appointing Rowan Chapman (Gosling Chapman) as liquidator. Creditors must file claims by Friday 7 February.

19 December 2002

Mark Copeland has been made a principal at law firm Lowndes Associates, headed by Mark Lowndes. Mr Copeland has been at the firm 3 years, specialising in work for technology-based commercial clients in capital-raising, securities, corporate venture structuring, insolvency & financial services. He’s a founding member & immediate past president of the Technology Law Society and holds several other technology law positions.

17 December 2002

Law firm Glaister Ennor applied on 27 November to wind up Home Rescue Ltd (at least, that was its name from September 1998 until 27 August 2002, when it became Hickory Investments Ltd – registered office Glaister Ennor; director Peter Thomas is also director of Meadowcourt First National Real Estate Ltd, wound up on 3 October on Inland Revenue’s application, Bongard Ltd, wound up on 5 December on Glaister Ennor’s application, Southbelt Holdings Ltd, Palisade Holdings Ltd, Micro Investments Ltd and PMC Investments Ltd)
and on 3 December to wind up Home Plus Ltd (Richard Fenwick, also Home Corp Ltd, Freedom Financial Ltd, All Hours Battery Services Ltd, and formerly Broadway Battery Services 1992 Ltd). The Home Rescue application will be heard in the Auckland High Court on Thursday 30 January at 10am. The Home Plus application will be heard on Thursday 13 February at 10.45am.

Town & Country Decorators 2000 Ltd (Graham Stockley, Henderson) went into voluntary liquidation on 16 December, appointing Jennifer Gillies (Walker Dick & Associates) as liquidator. Mr Stockley was also director of Town & Country Decorators Ltd, struck off the Companies Register in March 2001, and is currently a director of Central Painting & Decorating Ltd, incorporated on 2 October, Emu Marketing NZ Ltd and The Big Egg Co Ltd.

Qantum Group Ltd (William Harris, Taupo, also Lakeland Builders Ltd) went into voluntary liquidation on 10 December, appointing Robert Merlo as liquidator. Creditors must file claims by Friday 10 January.

Pennington Heights Development Ltd (Biram & Joy Kumar, Manurewa Heights, also B&J Kumar Ltd, B&J K Coffee House Ltd, B&J K Botany Coffee House Ltd, B&J K Coffee House Newmarket Ltd, Biram & Joy Holdings Ltd and Coumat Ltd) went into voluntary liquidation on 11 December, appointing John Vague & Graeme McDonald (McDonald Vague & Partners) as liquidators. Creditors must file claims by Wednesday 22 January.

Continue Reading

U: The names behind the action, week to 27 October 2002

Names, connections, 2+2

This page contains a mixture of property and other information, company formation, the down side of business, market bits & pieces, probably fairly cryptic and rushed.

The weekly Snapshots tend to contain formal information, while other stories on the website are generally structured. U will contain snippets, less often from formal sources, maybe unstructured and incomplete.

25 October 2002

Brian Jensen was appointed on 14 October as liquidator of United Painting 1998 Ltd (Shainaz Rafiq) and Universal Corp Ltd (Shainaz Begum Ayub). Creditors must file claims by Friday 29 November. Mohammed Ayub was previously a director of both companies and of Delux Developments Ltd, and remains a director of United Painting & Decorating Ltd, United Electrical Ltd, Alee Co Ltd, Mod Developments Ltd, Trendy Homes Ltd and Accrue Developments Ltd. Shainaz Begum Ayub is also a director of Delux, Trendy Group Ltd and Red Chip Financial Ltd. Shainaz Rafiq is also a director of Accrue.

Lakeland Wealth Creators Ltd (Margarite Papple) and Wespap Ltd (William Papple) were wound up in the Rotorua High Court on 21 October on the application of Companies Office investigator John McPherson. Vivian Fatupaito & John Waller (PricewaterhouseCoopers, Auckland) were appointed liquidators, after being appointed interim liquidators on 4 September. Creditors must file claims by 23 January. The Securities Commission issued a statement on 4 September banning advertisements for an investment scheme promoted by the 2 companies. The commission estimated $8 million had been paid into the scheme. Click for story on ban.

Denis & Kevin Musson and Irene Dustin applied on 1 October to wind up Waiheke Island Airfields Ltd (Terence Easthope & Robert Silich; Mr Silich was also a director of Waiheke Wallboard Fixing & Stopping Ltd and is still a director of JBDR Ltd). The application will be heard in the Auckland High Court on Thursday 21 November at 10am. Denis Musson is a director of DB & UB Musson Trenching Ltd, Waiheke Air Services 2002 Ltd and Ridgeview Estate Ltd, and is a former director of Ardmore Airport Ltd, Waiheke Wallboard Fixing & Stopping Ltd and JDBR Ltd. Kevin Musson is a director of Ridgeview Estate Ltd.

Opsoma Ltd (James Wadham of Anchor Management Services Ltd & Paul Deayton) went into liquidation on 18 October, appointing Jeff Meltzer & Karen Mason (Meltzer Mason Heath) as liquidators. Creditors must file claims by Friday 22 November.

Tjauw Ltd (Barry Stafford, formerly of Quality Hotels Ltd and related companies, and of Arran Bay Estates Ltd, now of Victoria Properties Ltd, Burnard Investments Ltd) went into liquidation on 22 October, appointing Paul Sargison & Gerry Rea (Gerry Rea Associates) as liquidators. Creditors must file claims by Monday 25 November.

Michael Stiassny & Grant Graham (Ferrier Hodgson) were appointed receivers of Neil Brewer Holdings Ltd (incorporated in January, trading as Nebulite Warkworth, director Neil Brewer, previously of Glendavar Resources Ltd) on 23 October.

Fletcher Steel applied on 30 September to wind up Eastside Construction Ltd (Norman Leman, Manurewa). The application will be heard in the Auckland High Court on Thursday 14 November at 10,45am.

Jands Electronics NZ Ltd applied on 4 September to wind up Central Ventures Ltd (formerly Central Station Records NZ Ltd; director David Hook, also of 3 Judder Bar companies, 2 in liquidation, Space Investments Ltd, Khamsin Properties Ltd and Regis Properties Ltd). The application will be heard in the Auckland High Court on Thursday 7 November at 10am.

Wharehine Contractors Ltd applied on 21 August to wind up Concept Holdings Ltd (Selwyn Currie, Warkworth, also Combi Enterprises Ltd and Clayton Enterprises 2001 Ltd). The application will be heard in the Auckland High Court on Thursday 7 November at 10am.

Bernie Montgomerie (Montgomerie & Associates) was appointed on 22 October as liquidator of Polgara Ltd (trading as The Total Housing Company, director Stuart Dale, also Fantale Holdings Ltd: see below). A meeting of Polgara creditors will be held at the Montgomerie office, level 27 of the PricewaterhouseCoopers Tower, Quay St, on Wednesday 6 November. Creditors must file claims by Monday 25 November.

HG Leach & Co Ltd applied on 27 September to wind up Yukich Brothers Ltd.The application will be heard in the Auckland High Court on Thursday 7 November at 10.45am.

22 October 2002

Glen Beal (Campbell Tyson, Pukekohe) was appointed on 13 October as liquidator of Stuben Holdings Ltd (Bruce Murray Robinson, also Gap Investments/Farms Ltd, & Noel Stuart Robinson, formerly of Robinson Industries Ltd, still of Ra Ora Stud Ltd, now in liquidation, and also of Highbrook Development/Management Ltd and Project Pacific Ltd).

Bernie Montgomerie (Montgomerie & Associates) was appointed on 14 October as liquidator of Fantale Holdings Ltd (Stuart Dale, also Polgara Ltd). A creditors’ meeting will be held on Wednesday 6 November at the Montgomerie office, level 27 of the PricewaterhouseCoopers Tower, Quay St, and creditors must file claims by Monday 25 November.

Lyle Irwin (Prince & Partners) was appointed on 14 October as liquidator of Barrow Developments Ltd (Parkwood Place, East Tamaki; directors Walter & Brian Smaill, also Criterion Group/Commercial Furniture NZ/Furniture NZ/Manufacturing/Funriture Export Ltd, Alpha Concepts Ltd, Concorde NZ Ltd). Creditors must file claims by Monday 18 November.

21 October 2002

Steel & Tube Holdings Ltd applied on 6 September to wind up Shag Lake Farm Ltd (previously named Tikitere Springs Estate Ltd, director Barry Brill, former National cabinet minister and McAlpine Industries Ltd & UnitedNetworks Ltd director). The application will be heard in the Auckland High Court on Thursday 7 November at 10am. Securities Registry Ltd (Doug & Anne Somers-Edgar of Money Managers and Gerald Siddall) entered into possession of Shag Lake’s property at Tikitere, Rotoiti, as mortgagee, on 13 May, and appointed Dean Blomfield of Rotorua as receiver.

Derek Farrelly was appointed liquidator of The Protector Security Group (Mark Kennedy & Timothy Giles) on 14 October. Creditors must file claims by Friday 15 November. CKSC Ltd, TVOC Ltd and CET Ltd (Mr Kennedy a director of all 3, Mr Giles a director of CKSC) went into voluntary liquidation on 22 August on a company resolution of 3 May, appointing Matthew Gilligan (Matthew Gilligan & Associates Ltd, Newmarket) as liquidator.

Continue Reading

U: The names behind the action, week to 10 February 2002

Names, connections, 2+2

This page contains a mixture of property and other information, company formation, the down side of business, market bits & pieces, probably fairly cryptic and rushed.

The weekly Snapshots tend to contain formal information, while other stories on the website are generally structured. U will contain snippets, less often from formal sources, maybe unstructured and incomplete.

10 February 2002

Some enlightenment on why Savoy Equities Ltd is taking itself to court (see below). Director Kerry Haycock (who ceased being an executive last October) said Savoy had applied to wind up EZ Concepts Ltd in court because EZ wasn’t fully owned. “It stopped trading in December 2000. The only way to resolve it [finish the tidy-up] was to do that [go to court].” Mr Haycock said Savoy’s board had plans for a life after its present status as a cashed-up listed nonentity: “It will be a lot different, starting from scratch. I would say, all going well, probably the first stage of it in the next 4-5 months, the second stage by the end of the year. It’s premature to say what they’re looking at, but it’ll be away from property.”

ASB economic reports have been coming out over different signatures lately. Rozanna Wosniak left the bank in December, Anthony Byett is producing reports as the bank’s chief economist, and during a holiday break for him Rodney Dickens (the bank’s group strategist, usually focused on economics for corporates) has filled in. The ASB has canned its quarterly housing reports, instead filing this information as it comes to hand.

George & Rhoda Bellingham applied on 10 December to wind up Budget Self Storage Ltd (Richard Goodfellow Cotter, also director of Airport Properties Ltd). The application will be heard in the Auckland High Court on Thursday 28 February at 10.45am.

8 February 2002

D&D Residential Ltd (Darryl Knowles, Mt Roskill) appointed Jeff Meltzer & Karen Mason (Meltzer Mason Heath) as liquidators on 1 February. Creditors must file proofs of debt by Monday 4 March. The same day D&D Residential was placed in liquidation, Mr Knowles incorporated Advantage Residential Ltd, located in Papakura.

Nominations to replace Phil Warren as the Auckland constituency representative on the Auckland Regional Council close on Friday 8 March at noon. The byelection will be held on Saturday 27 April. Mr Warren, in his fourth term as ARC chairman, died of a heart attack on 23 January.

Hamilton auctioneer John Farquharson Jones continues to battle on despite company failures. The application by John F Jones (1998) Ltd to renew its auctioneer’s licence is over John F’s signature, though the company’s director is Gavin Jones. John F remains a director of John F Jones Co Ltd (in both receivership & liquidation) and Waiohau Farm Co Ltd. Two of his companies, John F Jones Farmers Finance Ltd and John F Jones Real Estate Ltd, were struck off in October 1999 7 June 2000. John F Jones Livestock Co Ltd, formed in December 1999, remains in business with Gavin Jones as director.

7 February 2002

Property developer Bob Wickham‘s company The Open Fields Co Ltd (formerly Wickham Developments Ltd) remained alive today as two creditors, hoping for an adjournment, had their applications to wind up the company struck out.

Master Faire wouldn’t agree to continuing adjournments, saying the creditors involved wouldn’t suffer in an eventual liquidation.

Harrison Grierson Consultants Ltd had its application before Master Faire in the Auckland High Court today (the other creditor was in support) and had hoped to line it up with another application, by TG Paterson Contracting Ltd, which has been adjourned to Thursday 14 March. Both applications were filed last June. Creditors have agreed to adjournments because of mortgages in Australia and possibly greater losses if liquidation proceedings go ahead.

Mr Wickham’s company has been the antithesis of open fields. As the key developer of the Fields subdivision along Oteha Valley at Albany, it has been the constant butt of criticism for closing in open spaces with crowded development enabled by amalgamating titles which North Shore City Council had envisaged would be subdivided into standard residential lots.

Also on the High Court liquidation list today, an application by Duncan John Napier to wind up WestCity Shopping Centre Ltd (Russell McVeagh law firm partners Greg Thompson & John Lusk, who act for Westfield) was adjourned to the court’s bankruptcy list on Wednesday 6 March. Also adjourned to that day is an application for accepting a proposal to creditors by WestCity’s trustee.

An application by Allied Concrete Ltd (Harold Richardson, Invercargill) to wind up Dallas Concrete Ltd (David Tharp, Te Atatu South) was struck out after the debt was settled.

An application by James George Thorburn to wind up North City Realties (Matthew Ambler) was withdrawn after first being called last November, not being advertised, and Master Faire said he would reject an adjournment until the end of April to allow the creditor to monitor the next instalment of repayments.

Ad Pacifica Online Retail Systems Ltd (Andrew Bruce Faris & John Cunningham, c/- Caltech Capital Partners) was wound up on the application of the Davis Crescent Joint Venture (Harvey & Stephanie Sheppard, Robert Knox & James Cleland).

Cashmore Bros Ltd (Gordon Cashmore & Eric Forbes) withdrew its application to wind up Legacy Group Ltd after Legacy went into voluntary liquidation on Tuesday 5 February. A supporting creditor, AJ Russell Bricklayers Ltd (Lynne & Alfred Russell) also had its application struck out. Legacy’s director, Daryosh Mahmaudi Galeh, resigned his directorships of three companies formed last November, Legacy Finance & Investments Ltd, Project Solutions NZ Ltd and Legacy Immigration Ltd; Alireza Shomalzadeh remains a director of those three, but resigned from Legacy Group.

The application of Solar Printing Co Ltd to wind up Henley Communications Ltd (Fraser Guthrie & Todd Somervell) was adjourned to 3 April at 10am (I suspect that should be 4 April) for proof of service & advertising, and to allow for settlement.

Inland Revenue had 5 companies wound up — Awarua Properties Ltd (Larry Eade, a director of Southside Properties Ltd with Chris Jones but no longer involved in the Eastpark Ltd joint venture with Hopper Developments Ltd), which has had Gerard Hulst appointed liquidator; Westpark Investments Ltd (James Raea, which the companies register shows as being struck off the register on 30 May 2000), also Gerard Hulst as liquidator; NE Fixing Ltd (Nicholas Edmonds, Glendene), the Official Assignee as liquidator; Puddick Scaffolding Ltd (Bruce Puddick & Glenn Pool, Pukekohe), Steve Lawrence & Brendon Gibson (Ferrier Hodgson) appointed liquidators; and Fire Safety Consultants Ltd (Barry & Tanya Trott), Richard Agnew & Judith Fatupaito (PricewaterhouseCoopers) appointed liquidators.

Inland Revenue’s application to wind up Basix Bar & Brasserie Ltd (Grant Mitcheson & Leonard Duck, Kumeu) was adjourned to Thursday 7 March at 10am to allow a settlement cheque, paid on Monday, to clear.

Maximum Production Ltd (Daniel Stamper, Glendene) was wound up on the application of Orica NZ Ltd (Andrew Coleman & Guy Roberts), with the Official Assignee appointed liquidator.

NZ Cashflow Services Ltd (Wally Britton) gave up its pursuit of Whitford Earthmovers Ltd (Alan Milton, Algies Bay) and its liquidation application was struck out.

Kolmar Investments Ltd (Brooke & Fleur Mitchell; Mr Mitchell is formerly of FAI and Metlife) had its application to wind up Retail Apparel Group Ltd (David Gray Nathan, formerly of Dress For Less, Paulls and Hero fashion companies, nowadays of Wine Direct Ltd, Kapiro Orchards Ltd, HSL Ltd, Anglo Asia Ltd and Rainbird Investments Ltd) adjourned to Thursday 7 March at 10.45am to enable advertising.

Capitalcorp Holdings Ltd (part of the Equiticorp group which collapsed in the aftermath of the 1987 sharemarket crash) was placed in liquidation on 1 February, with Kerryn Downey & Janice Dawson (KPMG) appointed liquidators.

Village Interiors Ltd (Heather Stuck, Howick) faces liquidation at the hands of Finewood Upholstery Ltd (John Mihaljevich, Avondale). The application will be heard in the Auckland High Court on Thursday 28 February at 10am.

Barnaby & Brett Prinsen Geerligs and James Peter Martin (the latter of law firm McVeagh Fleming), as executors & trustees of the estate of Bert Prinsen Geerligs, have applied to wind up NZ Realties Ltd (part of the group run by Reg Watt until his bankruptcy last year). The company is now called NZ Realty Group Ltd (Christopher Hill; still run from the same Anzac Ave premises). The companies register shows a new application to use the name NZ Realties Ltd has been made, with the name reserved.

North Shore City Council has applied to wind up 360 Church St Ltd (Alfonso Liguori). The application will be heard in the Auckland High Court on Thursday 14 March at 10.45am. Another of Mr Liguori’s companies, Central Trading Services Ltd, faces liquidation at the same court session on the application of Inland Revenue.

Orange Hawkes Bay Properties Ltd (Samuel Chan & Bruce Lockett) appointed Graeme McDonald & John Vague (McDonald Vague & Partners) as liquidators on 5 February after resolving that it could pay its debts. Proofs of debt must be filed by Friday 1 March.

Redhill Farms Ltd and Lake Ototoa Stud Ltd (the Porter Group, Remuera) (resolved on 4 February to go into liquidation after filing an insolvency certificate, with Geoff Hamilton (now of Stockford NZ Ltd) as liquidator. Proofs of debt must be filed by Wednesday 6 March.

Inland Revenue has applied to wind up Golden Gate Supermarket & Wholesalers Ltd (Samuel & Helen Wang), which runs an Asian supermarket off Teed St, Newmarket. The application is set down in the Auckland High Court for Thursday 14 March at 10am.

Savoy Equities Ltd (the company which had & lost the Britomart redevelopment project and was the main listed vehicle run by the intrepid Jihong Lu) has applied to wind up EZ Concepts Ltd (formerly E-Zebra Ltd; Savoy managing director Kerry Haycock is a director of both companies). The application will be heard in the Auckland High Court on Thursday 14 March at 10.45am.

You have to be quick sometimes… Print Communications Ltd (John Kearns) filed to wind up Posies Concepts Ltd (Justin Moore) on 19 December but advertised the Auckland High Court hearing (Thursday 7 March 10am) only on 7 February. Posies Concepts was struck off the companies register on 31 January. Mr Moore remains a director of Global Ronin Ltd.

Zen’s Centre Ltd (William Zen & Yee May Ho, also directors of Mayflower Building Ltd) appointed John Buchanan (JR Buchanan & Associates) as liquidator on 26 January.

Safeway Scaffolding NZ Ltd applied on 20 December (and advertised on 4 February) to wind up Willpro Ltd (Michael Williams, Albany). The application will be heard in the Auckland High Court on Thursday 14 March at 10.45am. Another Williams company, ML Williams Construction Ltd, is already in liquidation.

Continue Reading

U: The names behind the action, week to 24 March 2002

Names, connections, 2+2

This page contains a mixture of property and other information, company formation, the down side of business, market bits & pieces, probably fairly cryptic and rushed.

The weekly Snapshots tend to contain formal information, while other stories on the website are generally structured. U will contain snippets, less often from formal sources, maybe unstructured and incomplete.

24 March 2002

Tower Trust’s TEA Custodians (Equitable) Ltd has entered into possession, as mortgagee, of 5 carpark titles held by Metropolis Car Parking Ltd (Suren Sharma). The parking company was one of many under the control of Reg Watt (NZ Equities Group) until his bankruptcy last July. The company is in receivership.

Retail Planning Consultants Ltd, the trading arm of John Foreman & Associates Ltd (both with John Foreman, Albany, as director) went into voluntary liquidation on 21 March, appointing Paul Sargison & Gerry Rea (Gerry Rea Associates) as liquidators. The same liquidators were appointed to John Foreman & Associates on 1 March. Retail Planning Consultants creditors must file proofs of debt by Monday 22 April.

21 March 2002

Inland Revenue applied on 11 February to wind up Commercial Concrete Ltd (Terence Horne, also a director of Concrete Equipment Hire Ltd, and previously of Concrete Equipment 1998 Ltd, which was struck off the register in 2000). The application will be heard in the Auckland High Court on Thursday 4 April at 10am.

Inland Revenue applied on 26 February to wind up Gin Point Park Ltd (previously named Point Marina Park Ltd; directors Susan Hamilton & Myles Prestidge). The application will be heard in the Auckland High Court on Thursday 4 April at 10am. Other Prestidge companies include Fairhall Finance/Securities Ltd, Awon Finance Ltd, Cnr Properties Ltd & Kaizen Properties Ltd, all registered in Hamilton, and Yates Rise Ltd (with Allister Knight & Murray Alcock) in Auckland. Ms Hamilton is also a director of Kitchener Homes Ltd, Plascrete Ltd, Hammac Holdings Ltd (with David Macdonald) & Luckens Ltd (with Roko Urlich). She was also previously a director Kawau Bay Estate Ltd, now headed by Paul Adams of Tauranga, which has a waterfront subdivision at Sandspit.

Harts Lifecare Ltd (Steven Hart, of Brisbane accountancy firm Harts) was placed in the hands of receivers John Waller & David Davidson (PricewaterhouseCoopers) on 19 March.

House Removals Ltd (Sidney Namana, Hamilton) was wound up on Thursday 14 March. Dennis Parsons & Katherine Kenealy, Hamilton, were appointed liquidators.

Oney Trading Ltd (Orhan Sahin, previously of Café Midnight Express Ltd, & Cetin Bora Cinkilinc, previously of The Fez Ltd) faces liquidation at the hands of 163 Broadway Ltd (Newmarket Property Trust). The application will be heard in the Auckland High Court on Thursday 18 April at 10.45am.

18 March 2002

Shareholders of The Shower Co Ltd (Michael Dell & Nelson Burns, Henderson; Mr Burns is also a director of St Michel Industries Ltd) resolved on 30 January to wind up the company, which has ceased trading. Mark Foster of accountancy firm Butts Bainbridge & Weir, Henderson, has been appointed liquidator.

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